Rental Income is what type of account?

A) Asset
B) Revenue
C) Expense
D) Liability

Answer: B

Business

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On loans fully secured by physical, non-real estate loans, the Basel Committee has set a loss given defaults (LGD) rate of

A. 15 percent B. 25 percent C. 40 percent D. 45 percent E. 60 percent

Business

Atburex is a furniture manufacturing company in the United States. The company provides a 60-day credit period and also offers on-site delivery and installation. These special benefits refer to which of the following service outputs?

A) service backup B) large product variety C) spatial convenience D) large lot size E) short waiting time

Business