A business provides services rather than products to customers. A: Partnership B: Servicing business C: sole trader

We assure you of our best　at all time. A: service B: serve C: servicing D: served

In a mortgage pass-through security, the pass-through rate A: is adjusted as market rates rise or fall B: is equal to the mortgage rate on the underlying pool of mortgages C: adjusts the rate on the underlying pool of mortgages by a servicing fee

Which of the following should not be classified as inventory in the A: Pickup<br/>trucks offered for sale. B: Used<br/>cars taken in trade and offered for sale on the company's used-car<br/>lot. C: Spark<br/>plugs, oil filters, and other parts which are intended for use by the<br/>service department in repairing and servicing customers' cars. D: "Company<br/>cars" provided to specific company executives for their personal<br/>use.

At 1 November 20X5, Sanjay Motors is owed $20,000 by Jackson for servicing and repair work carried out on Jackson's fleet of motor vehicles.Of the $20,000 outstanding, $3,500 relates to work that Jackson feels was sub-standard. Despite discussions and negotiation, and although Jackson is generally a 'good customer', Sanjay is doubtful that Jackson will ever pay this $3,500.What allowance for receivables should Sanjay Motors make to account for this doubtful debt? A: None, Jackson is a good customer so Sanjay Motors should assume they will eventually pay B: A specific allowance of $20,000 as Jackson may decide not to pay any of their debt C: A general allowance of $3,500 D: A specific allowance of $3,500