Hope is applying for an FHA loan to purchase $120,000 condominium. Her proposed monthly mortgage payment is $975, and she has a $200 car payment and $150 student loan payment. To afford this loan, her monthly income should be at least:

a. $543
b. $3,081
c. $3,681
d. $4,569

Answer: b. $3,081

Business

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Each of the following metrics indicates excellence in e-procurement except

A) increased order fulfillment rate. B) decreased number of rejects received from suppliers. C) increased production costs. D) increased on-time deliveries.

Business

Consider the following revenue cycle scenario: The company has been exposed to customer dissatisfaction and the suggested control procedure to be implemented is to install and use bar-code scanners. What is the threat?

A) The company may be shipping the wrong merchandise. B) The company may be shipping the wrong quantities of merchandise. C) The company may be shipping orders to the wrong address. D) All of the above threats may apply to this scenario.

Business