Which type of fraud is perpetrated by borrowers when they misrepresent information on loan applications, including income, employment, assets, and/or occupancy to purchase homes for which they normally would not qualify?

Rating people on the degree to which they are dependable, confident, aggressive, and loyal, is evaluating ________

A) standards B) behaviors C) outcomes D) traits E) motivation

Cash paid to employees is calculated as salary and wage expense minus increases in salaries and wages payable

Indicate whether the statement is true or false.