The answer is maximise organisation performance.
What is organisational performance?The actual output or results of an organization as compared to its expected outputs make up organizational performance (or goals and objectives).
The accomplishment of an organization's goals at the conclusion of a project or program is referred to as organizational performance.
Organizational performance, according to Richard et al. (2009), includes three distinct areas of business outcomes financial performance, performance on the product market and shareholder return.
The phrase "organizational effectiveness" has more meaning.
Many firms have tried, in recent years, to manage organizational performance using the balanced scorecard methodology, where performance is monitored and gauged along multiple dimensions
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small-cap funds: are defined as the smallest 20 percent of all funds based on total asset value. focus more on capital appreciation than on current income. generally focus on dividend-paying stocks. are defined as the 20 percent of funds with the smallest navs. are generally also classified as equity income funds.
Small-cap funds are mutual funds that invest in companies with small market capitalizations. They are characterized by the following features:
Size Definition: Small-cap funds are defined as the smallest 20 percent of all funds based on total asset value. This means that they have relatively smaller amounts of assets under management compared to other funds in the market.
Focus on Capital Appreciation: Small-cap funds primarily focus on capital appreciation, which means they aim to generate returns through the increase in the stock prices of the small-cap companies they invest in. They typically target companies with high growth potential and seek to benefit from their expansion and market success.
Dividend-Paying Stocks: While small-cap funds generally focus on capital appreciation, some funds within this category may also invest in dividend-paying stocks. Dividends are a portion of a company's earnings distributed to shareholders, and some small-cap companies may offer dividends as a way to distribute profits to investors.
NAV Definition: Small-cap funds are also defined as the 20 percent of funds with the smallest Net Asset Values (NAVs). NAV represents the value of the fund's assets minus its liabilities and divided by the number of outstanding shares. Being classified based on NAV implies that these funds have relatively lower values of assets compared to other funds.
Equity Income Classification: Small-cap funds are often classified as equity income funds. Equity income funds invest primarily in dividend-paying stocks across different market capitalizations, including small-cap companies. While their focus is on generating current income through dividends, they may also benefit from capital appreciation as the stock prices of the invested companies increase.
In summary, small-cap funds are characterized by their relatively smaller asset size, focus on capital appreciation, potential investment in dividend-paying stocks, classification based on NAV, and classification as equity income funds. These funds aim to provide investors with the opportunity for significant growth by investing in smaller, potentially high-growth companies.
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Which of the following shows the correct relationship for productivity, outputs, and inputs?
a. productivity = (outputs/inputs)
b. outputs = (productivity/inputs)
c. productivity = (inputs/outputs)
d. productivity = [(inputs × outputs)/100]
e. inputs = (productivity/outputs)
The correct relationship for productivity, outputs, and inputs is productivity = (outputs/inputs) , which states that productivity is equal to outputs divided by inputs.
This means that productivity is a measure of how efficiently inputs are being used to generate outputs. For example, if a company is producing 100 units of a product using 10 workers and 5 machines, then the productivity can be calculated as 100/(10+5) = 6.67 units per worker/machine.
This information can be used to optimize processes and improve efficiency by identifying areas where inputs can be reduced or outputs can be increased without compromising quality. Options b, c, d, and e do not accurately represent the relationship between productivity, outputs, and inputs, and should be disregarded.
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What statements best describe a store charge card?
A. Store cards do not have the name of the store on them.
B. Store cards have a "Visa" or "MasterCard" logo on them and can used as a debit card.
C. Usually, the store card can only be used at the store or at other businesses that store may own.
D. Store cards can only be used for sale items.
The statement that best describe a store charge card is that usually, the store card can only be used at the store or at other businesses that store may own. Option C is correct.
Store charge cards are typically issued by a specific store or chain of stores and can usually only be used for purchases made at that store or its affiliated businesses. They typically do not have a Visa or Mastercard logo and cannot be used as a debit card. While some store cards may offer special discounts or rewards for sale items, they are not typically restricted to sale items only.
Store charge cards are credit cards that are issued by a specific store or retail chain. Unlike traditional credit cards, store charge cards can only be used for purchases at the store or its affiliated businesses. They are not typically affiliated with Visa or Mastercard, so they cannot be used as a debit card or to make purchases at other retailers.
Store charge cards often offer rewards programs or special discounts to cardholders, such as cash back on purchases or exclusive access to sales and promotions. However, these rewards are typically limited to the store or chain of stores that issues the card. In addition, store charge cards often have higher interest rates and fees than traditional credit cards, so it is important to carefully review the terms and conditions before applying for a store charge card. Option C is correct.
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The focus on traditional financial statements is -Select- data rather than cash flow. However, cash flow is important to investors, managers, and stock analysts. Therefore, corporate decision makers and security analysts need to modify accounting data provided to them. An important modification is the concept of free cash flow (FCF). Many analysts regard FCF as being the single and most important number that can be developed from the accounting statements, even more important than net income. The equation for free cash flow is:
Answer:
The focus on traditional financial statements is ACCOUNTING data rather than cash flow.
Free cash flows = (EBIT x (1 - tax rate)] + non-cash expenses (depreciation and amortization) - capital expenditures - increases in net working capital
Explanation:
Cash is KING. A company might b extremely profitable from an accounting point of view, but if it doesn't have enough cash to keep running, it will go bankrupt. E.g. many companies increase their sales revenue by handing out long credit terms to most or all of its customers including some that may not be able to pay them back. That increases accounts receivables and net income, but until the cash is collected, this is useless. The other option that a company has is to factor their accounts receivables but factoring companies are not dumb and they will pay a very low amount for them.
Companies and stocks are always valued based on cash flows, never on accounting records. Accounting records might be deceiving, but cash never lies. Either the company has or doesn't have cash. A company's cash flow tells investors how well managed a company is.
E.g. Remember that during the Great Recession both GM and Chrysler went bankrupt and the government had to bail them out. If you looked at their accounting records of the previous year, they were both profitable, so why did they burst in just a few months? They didn't have cash. Cars and SUVs are useless unless you sell them and collect the cash. Ford didn't go bankrupt because it had billions of dollars in cash, not because they were doing great. Ford was actually the company that performed worst form an accounting point of view. But out of the 3 car companies, it was the only one properly managed. Accounting records are great for the IRS but are meaningless to an investor.
What is dispatch book?
Answer:
With an eye for well-crafted essays, illuminating long-form investigative journalism, and compelling subjects given short-shrift by the big publishing houses, Dispatch Books seeks to provide readers with electronic books of conspicuous quality which offer unique perspectives found nowhere else.
About how many lightbulbs does it take to cover a three story building in light?
Answer:
Explanation:
About 40
What societal force was in place in mainstream American culture until the 1960s that resulted in separation of people along racial and other lines
Answer:
segregation
Explanation:
There was a societal force that was in place in mainstream American culture until the 1960s. This societal force was segregation that resulted in the separation of people along racial and other lines.
The United States remains a segregated society in respect of housing patterns and church membership despite all the legal changes that have taken place since the 1960s.
For an economy starting at potential output, a decrease in planned investment in the short run results in a(n):
Question:
For an economy starting at potential output, a decrease in autonomous expenditure in the short-run results in a(n):
A. increase in potential output
B. recessionary output gap
C. decrease in potential output
D. expansionary output gap
Answer:
The correct answer is B
Explanation:
A decrease in autonomous expenditure shifts the Planned Aggregate Expenditure curve downward thus creating a lower equilibrium output.
PAE = C + Ip + G + NX
where
PAE = Planned Aggregate Expenditure
C = consumption
Ip = Investment Spending
G = Government Spending
NX = Net Export
If an economy has its output equal to its potential, this will create a reduction in short-run equilibrium output leading to a recessionary output gap.
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1. If you are an account holder, is it necessary to know how to prepare bank documents related to your account? cite an example.
Bank documentation consists of a wide range of documents, including bank certificates of accounts and balances, statements of accounts and transactions, certificates of constituted deposits, contracts for account establishment or deposit constitution, and so on.
You will require the following information: This is your Social Security number. A legitimate government-issued photo ID, such as a driver's license, passport, or state or military identification card. To activate your account, you must make a minimum deposit of $25.
Bank reconciliation statements verify that payments have been processed and cash collected has been deposited. The reconciliation statement aids in identifying discrepancies between the bank balance and the book balance so that appropriate changes or repairs can be made.
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and describe the situation in which organizations are direct competitors and are fully aware of the competition.
High market commonality, high resource similarity describe the situation in which organizations are direct competitors and are fully aware of the competition.
What is high market commonality?The degree of coincide between the goods, customers, and geographic areas served by two or more companies in a given market is referred to as high market commonality. When two or more businesses have a high level of market commonality, it implies they are competing for the same customers and resources. Due to high market commonality, firms may face intense competition as they pursue to distinguish themselves and seize a larger portion of the market. It may also make it more difficult for businesses to keep long-term competitive advantages, as competitors may be able to easily imitate or replicate their strategies.
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What does the economy in paraguay consist of?.
The economy in Paraguay consists of a mix of agriculture, manufacturing, and services.
Agriculture accounts for a significant portion of the country's GDP, with products such as soybeans, corn, and wheat being major exports. Additionally, Paraguay has a strong manufacturing sector, particularly in the production of textiles, processed foods, and steel products.
The agriculture sector is a major contributor to Paraguay's economy, with crops such as soybeans, corn, wheat, and cotton being the primary agricultural products. Livestock farming, particularly cattle, is also important. The manufacturing sector includes food processing, textiles, and automobile assembly.
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department a has 2,000 square feet and department b has 5,000 square feet. assuming an allocation rate of $4 per square foot, how much cost should be allocated to department b?
$20,000 should be allocated to Department B.
We are given the space occupied by each department. But we are specifically asked for the allocation to Department B. We will simply perform multiplication operation to find the cost that should be allocated to department b. Multiplication is required when the repeated addition of same number or repeated calculation of any quantity is to be performed. In this question, we need to repeat $4 according to area of department, thus, multiplication will be performed.
Cost for one square foot = $4
Cost for 5000 square feet = 4*5000
Performing multiplication to find the cost to be allocated to Department B
Cost for 5000 square feet = $20,000
Hence, Department B should be allocated $20,000.
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According to the __________ plan of Castleton Industries, if expansion to new markets in Australia does not materialize, the company will strive for expansion in Asia
Contingency planning is when a company strive for expansion in Asia after failure of expansion in Australia.
What is Contingency planning?Contingency planning serves as a course of action designed to help an organization to adjust event that may or may not happen.
Contingency plans can be regarded as 'Plan B' or alternative action if things don't go as planned.
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to whom does the sous chef in a large hotel report?
In a large hotel, the sous chef typically reports directly to the executive chef or head chef.
The executive chef is responsible for overseeing the entire culinary operation of the hotel, including menu planning, food preparation, kitchen management, and ensuring high-quality food service. The sous chef serves as the second-in-command in the kitchen and assists the executive chef in various aspects of culinary operations.
The sous chef's role involves supervising and coordinating the kitchen staff, ensuring efficient workflow, maintaining quality standards, and assisting with menu development. They work closely with the executive chef to execute the culinary vision, manage kitchen operations, and maintain consistency in food preparation.
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Compare and Contrast the market monetarist 5% target for Nominal GDP growth with the monetary rule advocated by Board of Governors of Federal Reserve, Jerome Powell. Show creativity and support your rationale with a 500-word minimum.
Market Monetarism and monetary rules have been at the forefront of the debate in monetary policy and macroeconomics.
They have the aim of facilitating price stability, controlling inflation, and boosting economic growth. Market Monetarism is the idea that monetary policy should be guided by the efficient market hypothesis and predictions. At the same time, monetary rules refer to a general class of rules used in policy making that is aimed at making predictions about how policymakers will adjust policy rates in response to changes in economic data.Monetary Rule advocated by Board of Governors of Federal Reserve, Jerome Powell Jerome Powell is an advocate of the monetary rule in the US. The monetary rule is a framework that guides monetary policy by providing a set of predictable rules to follow to control the money supply.
The monetary rule advocates the use of a predetermined formula for setting interest rates or controlling the money supply, which is independent of political influence. Jerome Powell supports a monetary rule approach to guide policy because it provides predictability and transparency to the public. It is an anchor to help the Fed to stabilize inflation and to provide certainty to the financial markets. In a recent speech at Stanford University, Powell noted that "A clear and well-understood monetary policy framework can help guide long-term interest rates lower, which in turn can help support business investment and consumer spending." The Federal Reserve has two main goals, which are price stability and maximum employment.
Inflation expectations have been consistently below 2%, the target set by the Fed. Therefore, Powell suggested the use of a "flexible" monetary policy rule that would account for periods of low inflation. In contrast to Market Monetarism, the monetary rule is more focused on the supply of money and inflation. The idea is to adjust interest rates based on economic data, not based on predictions of market participants.Market Monetarism 5% target for Nominal GDP growth Market Monetarists focus on the efficient market hypothesis and believe that monetary policy should be guided by the market. They advocate that the Fed should set a target for nominal GDP growth. In their view, the Fed should target the growth rate of nominal GDP at a level of around 5%. The goal is to provide predictability to the market by allowing the market to anticipate the Fed's future policy actions.
A target for nominal GDP growth would help stabilize inflation expectations, encourage investment, and stimulate economic growth. The market monetarist 5% target for nominal GDP growth aims to help stabilize the economy in the short and long run. By stabilizing expectations and providing certainty, the Fed can help to create a stable macroeconomic environment that supports growth. One of the key ideas behind Market Monetarism is that the market is more efficient than the Fed at predicting future economic conditions, and that the Fed should take its cues from the market. This approach contrasts with the monetary rule advocated by Jerome Powell in that it is more focused on market predictions rather than data-driven policy adjustments.In conclusion, both Market Monetarism and monetary rules are different approaches to guide monetary policy.
Powell's monetary rule approach advocates the use of a predetermined formula for setting interest rates or controlling the money supply, which is independent of political influence. Market Monetarists, on the other hand, focus on the efficient market hypothesis and believe that monetary policy should be guided by the market. They advocate that the Fed should set a target for nominal GDP growth. By providing predictability and certainty to the market, both approaches aim to create a stable macroeconomic environment that supports growth.
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On 3/1/X1 Landlord Co. received a $36,000 cash payment from Renter Co. to pay for a total of 17 months, starting in the current month. How much revenue should Landlord Co. recognize in the year ending 12/31/X1? Round your answer to the nearest penny.
Answer: $21177
Explanation:
First and foremost, we should note that since the revenue that Landlord Co. wants to recognize in the year ending 12/31/X1 will be for a period of 10 months that is, from 1st of March to 31st of December.
Therefore, the revenue that Landlord Co. should recognize in the year ending 12/31/X1 will be:
= $36000 × 10/17
= $21176.471
= $21177
Which statement best describes the circular flow of an economy?
the flow between businesses and resources
the exchange of money, goods, and services in an economy
a circular flow happens only in a resource market
a circular flow happens only in a goods and services market
Answer:
C
Explanation:
The statement "the exchange of money, goods & services in an economy" should represent the best description of the economy's circular flow.
According to the economic perspective, circular flow refers to the money flow and the resources i.e. goods and services lies between the people in which there is an exchange of resources that could be done in return for the money.
It involved two types of market i.e. factors and goods and in these two markets, the resources should be provided in order to receive the monetary value.
The following statements represent the circular flow of an economy:
It does not have a flow between the business and resources.It does not have the flow only in the resource market.It does not have the flow only in the goods and services market.Therefore we can conclude that the statement "the exchange of money, goods & services in an economy" should represent the best description of the economy's circular flow.
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In terms of SUPPLY, what factors have contributed to the fall in oil prices?
the ability of a company to deliver a good or service by the time the customer expects to have it available for sale or consumption is referred to as
The ability of a company to deliver a good or service by the time the customer expects to have it available for sale or consumption is referred to as timeliness. Option (A)
This performance metric is important for maintaining customer satisfaction and loyalty, as customers often have high expectations for receiving products or services on schedule. Factors that can impact delivery performance include supply chain disruptions, production delays, shipping logistics, and communication breakdowns.
Companies may use various strategies to improve their delivery performance, such as implementing efficient inventory management systems, optimizing production schedules, and enhancing communication and collaboration with suppliers and customers.
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Full Question: The ability of a company to deliver a good or service by the time the customer expects to have it available for sale or consumption is referred to as
A. timeliness.
B. reliability.
C. order.
D. ease of doing business.
E. consistency.
Recording closing entries is an optional step in the accounting
cycle.
True or False?
The statement, “Recording closing entries is an optional step in the accounting cycle” is false. A business organization's financial accounting cycle is a series of accounting steps used to classify, document, record, and analyze the financial transactions of a company.
The accounting cycle's final phase is the closing process, in which all nominal accounts are closed. The goal of this step is to reset the balances in the accounts to zero so that they can be utilized again in the subsequent accounting cycle.
The goal of this procedure is to prepare the books for the upcoming financial year. The goal of the closing procedure is to summarize the financial transactions that have been made and to provide a report that can be utilized for financial analysis. If these steps are not completed, the accounts will have incorrect balances, and the business will not be able to produce an accurate financial statement.
The closing entries are critical because they reduce the balance of income statement accounts and transfer the remaining balance to retained earnings, where it may be reported in the next period. As a result, recording closing entries is an essential step in the accounting cycle
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Jim is accused of sexual assault.The victim was attacked along a wooded path. She suffered severe bruises and scrapes on her back during the attack. The prosecutor wants to admit digital photographs of the location of the attack and the wounds to the victim's body. What foundation does the prosecutor have to lay to authenticate the photos before they can be admitted? Would this foundation be different if the photos were taken on film?
To authenticate digital photographs, the prosecutor must lay a foundation of three elements i.e. the photographs accurately depict the condition of the victim and the location of the attack, the photos were taken during the course of the investigation and were not manipulated and the photographs were taken by a reliable source and that the camera was working correctly.
If the photos were taken on film, the prosecutor must prove that the photographs were accurately developed and printed. The prosecutor must show that the photographs are true and accurate representations of the crime scene and victim's injuries.
In this scenario, Jim is accused of sexual assault. The victim was attacked along a wooded path and suffered severe bruises and scrapes on her back during the attack. The prosecutor wants to admit digital photographs of the location of the attack and the wounds to the victim's body.
Following is the foundation that the prosecutor has to lay to authenticate the photos before they can be admitted:
Foundation to authenticate the photos: In order to authenticate digital photographs, the prosecutor must lay a foundation of following three elements before they can be admitted in court:
1. The prosecutor must prove that the photographs accurately depict the condition of the victim and the location of the attack.
2. It should also be demonstrated that the photos were taken during the course of the investigation and were not manipulated.
3. Finally, the prosecutor must prove that the photographs were taken by a reliable source and that the camera was working correctly.
If the foundation is not laid properly, the photographs may not be admitted to the trial.
The foundation would be different if the photos were taken on film. If the photos were taken on film, the prosecutor must prove that the photographs were accurately developed and printed. The prosecutor must show that the photographs are true and accurate representations of the crime scene and victim's injuries.
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in some cases, jobs are stacked at a workstation as they arrive. this results in a stack with the oldest job (first to arrive) on the bottom of the stack, and the newest job on the top of the stack. for the operator, it is often easier to process the job at the top of the stack first, utilizing the sequence.
It is often easier to process the job at the top of the stack first, utilizing the sequence is LCFS sequence
Which does stack mean?a big collection of something, like letters: This afternoon, I have a ton of bills to process.Expressions with operands and operators can be evaluated using a stack. Backtracking is possible with stacks.An ordered, linear sequence of items can be stored on a stack, an abstract data type. Stacks are last in, first out (LIFO) structures, as opposed to queues. A stack of plates serves as an example where you can only take a plate from the top and add a plate to the top of the stack.To learn more about stack refer to:
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4. Determine the importance of environment conservation from the business viewpoint
Answer:
Economic expansion is not what is causing the climate crisis; rather, the lack of effective public policy meant to lower greenhouse gas emissions is to blame. As long as regulations are in place to limit the environmental effects of the goods and services we produce and use, there is no conflict between capitalism and environmental protection. With those regulations in place, consideration for environmental sustainability can and will be factored into every decision made by the private, nonprofit, and governmental organizations from which we all benefit.
The sustainability of the environment is not affected in the same way by all consumption patterns. The emergence of more sustainable lifestyles can be seen in consumption trends. Young Americans, for instance, don't seem as interested in buying cars as their parents and older siblings did. The advancement of the mobile phone has made ride-sharing, bike-sharing, and other transit options possible.
However, taking an Uber or driving your own car are both considered economic activities for the purposes of calculating GDP. These consumption patterns are typically not the subject of policymaking because they are quite influenced by shifting social norms than by governmental action. The only exceptions might be behavior that directly harms other people, like drinking and driving or smoking in public. New technologies can also lessen the impact of consumption on the environment.
Ironically, some environmentalists and some deniers of global warming share the view that environmental protection and economic growth must be compromised. Both can and must be done. Because most people in the developed world enjoy their way of life and won't give it up, we cannot stop investing in economic development. Environmental advocates will fail politically if they make such a request.
Explanation:
Political and business leaders may not care if economic growth harms the environment, and environmentalists may disagree, contending that neither economic growth nor environmental harm can coexist.
Even by itself, environmental protection promotes economic expansion. The air pollution control technologies we install on power plants and automobiles are made and sold by a third party. Additionally, environmental amenities are valuable.
if a 25% change in price results in a 40% change in quantity supplied, then the price elasticity of supply is about a. 1.60, and supply is elastic. b. 0.63, and supply is inelastic. c. 0.63, and supply is elastic. d. 1.60, and supply is inelastic.
The ideal decision (a). If a 25% change in price causes a 40% change in the amount delivered, supply is elastic since its price elasticity is roughly 1.60.
What does supply price elasticity mean?A good or service's responsiveness to supply after a change in its market price is measured by its price elasticity of supply. Basic economic theory states that when a good's price grows, so will it's supply. A good's supply will fall when its price rises, on the other hand.
The price elasticity of supply is calculated as follows: % change in quantity supplied / % change in price. Economists determine whether the quantity provided of an item is elastic or inelastic by calculating the price elasticity of supply.
the supply's price elasticity
= % variation in the amount supplied / Price variation in %.
= 40% / 25%
= 1.6
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Costs are transferred, along with the units, from one work in process inventory account to the next in a process costing system. True or False.
True,In a process costing system, costs are transferred along with the units from one work in process (WIP) inventory account to the next.
This is because a process costing system is used when products are produced in large quantities through a series of sequential production processes, and the cost of each process is allocated to the products that pass through it.
As the products move from one process to another, their cost is transferred from one WIP inventory account to the next.
For example, the cost of materials and labor for a batch of products may be recorded in the WIP inventory account for the first process.
When the products move to the next process, the cost of the materials and labor is transferred from the first WIP inventory account to the second WIP inventory account.
The cost of each process is then calculated and allocated to the units that pass through it, using a predetermined overhead rate.
At the end of the production process, the total cost of the products is calculated and divided by the total number of units produced to determine the unit cost of the products.
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consumers who engage in one-time shopping may exhibit a number of different behaviors at the same time. select all of the behaviors they may exhibit.
To answer your question, consumers who engage in one-time shopping may exhibit several different behaviors at the same time.
Some of these behaviors may include being less likely to compare prices, being more impulsive with their purchasing decisions, and being less brand loyal. One-time shoppers may also be more likely to make purchases based on sales or promotions, rather than brand loyalty or quality of the product. Additionally, one-time shoppers may be less likely to leave reviews or give feedback on their purchases, as they may not be invested in the brand or product in the long term. Ultimately, the behaviors exhibited by one-time shoppers may vary depending on the individual and their specific shopping habits, but it is important for businesses to understand these behaviors in order to effectively market and target these consumers.
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If you deposit money in the bank, in essence, you are: Group of answer choices a borrower, since all bank funds are borrowed from the federal government. a supplier of funds, since the bank simply is an intermediary between those who want to borrow loanable funds and those who are willing to lend them (depositors). a supplier of funds, since the bank loans money to you. neither a borrower nor supplier of funds in this case, since you have neither lent nor borrowed money
Answer:
a supplier of funds, since the bank simply is an intermediary between those who want to borrow loanable funds and those who are willing to lend them (depositors).
Explanation:
A deposit money bank can be regarded as a financial intermediary that connects a supplier of fund to those in need of funds.
Deposit money banks practice what is known as fractional banking
Fractional banking is a banking system where a portion of customer's deposits is kept as reserves while remaining portion is lent out. The amount kept as reserves is determined by the required reserve ratio set by the Central bank.
If the required reserve ratio is 10% and $100 is deposited, reserves would be $10 and $90 would be lent out
Can anyone help with this question??
Explain the stages of conducting population census
Answer: Hence, the census activities can be divided into three main stages: preliminary, data collection, and publishing results.
Which of the following statements is true about mortgages?
A. The adjustable mortgage has an adjustable term of years but
fixed interest rate.
B. The adjustable mortgage has adjustable rates over a set amount
of time.
C. The fixed mortgage has a fixed term of years but adjustable
interest rate.
D. The fixed mortgage has an adjustable interest rate over a set time.
The statement true about mortgage is B. adjustable mortgage has adjustable rates over a set amount of time.
A mortgage is basically a pact or agreement between the person who is providing a loan in the form of money and the person taking the loan in the form of money. It includes that if you fail to return the amount the lender has all the rights by which they can take away your property that you have submitted as a security deposit in form of property papers.
There are two types of mortgages on the basis of interest rates first is adjustable mortgages which has adjustable rates of interest through a fixed period of time. On the other hand is fixed mortgages which means there is a fixed rate of interest for a fixed period of time.
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