Top-level executives of outstanding service organizations spend incredible amounts of time setting profit goals and focusing on market share

The major disadvantage of the completed-contract method as compared with the percentage-of-completion method is that total net income over the life of the construction contract is normally smaller under the completed-contract method.

a. true b. false

A residential mortgage primarily for personal, family or household use and secured by a deed of trust on a dwelling is known as a:

a. consumer purpose mortgage. b. public project loan. c. adjustable rate mortgage (ARM). d. Zero Ability to Pay (ZAP) loan.