During the early years of a balloon mortgage loan, the lender applies
A) most of the monthly payment to the outstanding principal balance.
B) all of the monthly payment to the outstanding principal balance.
C) most of the monthly payment to interest on the loan.
D) all of the monthly payment to interest on the loan.
E) the monthly payment equally to interest on the loan and the outstanding principal balance.
D
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Kathleen is a member of the human resource (HR) department at Jade Corp. She had set a goal to enhance the firm's strategy. She worked to attain it by understanding the current resources and by attracting new resources according to requirements. However, her strategic ideas did not lead to effective results. Which of the following, if true, would imply the reason for Kathleen's failure in attaining her goal?
A. Kathleen did not set precisely the same job roles at Jade as other organizations. B. Kathleen did not make an attempt to understand Jade's business, its industry, and its competitors. C. Kathleen emphasized the use of broadly defined jobs. D. Kathleen evaluated performance of an employee without being familiar with the details of the job. E. Kathleen developed a strategy to make profits without depleting the firm's resources, including employees and natural resources
Why do all audits follow a sequence of events that can be divided into four stages, and what are the four stages?
What will be an ideal response?