Federal housing administration (fha) loans differ from conventional loans in a number of ways. all of the following statements regarding fha loans are true except a) fha loans are targeted toward first-time homebuyers who are in slightly weaker financial circumstances than the typical prime conventional borrower. b) fha loans require higher credit scores than are needed for prime conventional loans. c) fha loans contain lower limits on their maximum size than are available through conforming conventional loans. d) fha loans are more tolerant in terms of qualifying debt-to-income ratios.

Which of the following best explains why large companies have an advantage over smaller companies? a. economies of scale make it possible to offer lower prices. b. the production possibilities frontier is wider for a larger company. c. decreasing marginal utility enables more efficient production. d. increasing the scale of production leads to a reduction in inputs.2b2t

Harwood company uses a job-order costing system that applies overhead cost to jobs on the basis of machine-hours. the company's predetermined overhead rate of $2.50 per machine-hour was based on a cost formula that estimates $240,000 of total manufacturing overhead for an estimated activity level of 96,000 machine-hours. required: 1. assume that during the year the company works only 91,000 machine-hours and incurs the following costs in the manufacturing overhead and work in process accounts: compute the amount of overhead cost that would be applied to work in process for the year and make the entry in your t-accounts. 2a. compute the amount of underapplied or overapplied overhead for the year and show the balance in your manufacturing overhead t-account. 2b. prepare a journal entry to close the company's underapplied or overapplied overhead to cost of goods sold.

Which feature is a characteristic of a corporation?