Which of the following are true of mortgages?
A) A mortgage is a long-term loan secured by real estate.
B) A borrower pays off a mortgage in a combination of principal and interest payments that result in full payment of the debt by maturity.
C) Over 80 percent of mortgage loans finance residential home purchases.
D) All of the above are true of mortgages.
E) Only A and B of the above are true of mortgages.
D
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Which of the following systems are used to determine when the order point is reached?
I. Two-bin system II. Perpetual inventory system III. Periodic inventory system IV. Safety stock system A) All are used to tell when the order point is reached. B) I and III only are used. C) I and II only are used. D) I, II and III only are used. E) II and III only are used.
Some of your friends like to cram all night before exams; however, you are not able to keep your focus on the material for that length of time. Your study habits can be attributed to which element of motivation?
A) intensity B) direction C) persistence D) both A and C E) both B and C