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TExES Business and Finance (276) Prep Manual & Extras Latest 2023 Already Passed

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TExES Business and Finance (276) Prep Manual & Extras Latest 2023 Already Passed Income Statement ✔✔Produced once a month to ensure expense review and control Income Statement' ✔✔Allows a ... company to determine how much money is coming in and how it's being spent Promissory Note ✔✔Indicates a loan and debt financing to raise capital Convertible Securities ✔✔Used to raise capital by way of equity financing Convertible Securities' ✔✔Stock or bond, that can be converted to another type of security Convertible' Securities ✔✔Another type of bond or stock Direct Stock Offerings ✔✔Used to raise capital by equity financing Initial Public Offering (IPO) ✔✔Raises capital through equity financing Withdrawal of money from account via ATM ✔✔Amt is deducted from the customer's account balance Customer's access privilege ✔✔Occurs after the server connection has been established and the verification that the customer holds an account has occurred Establishing the server connection ✔✔First step that must occur for a process to begin Verification that a customer holds an account ✔✔This must occur before a withdrawal can occur Creditworthiness ✔✔The key determinant of how likely it is that the loan will be repaid Lending company examines ✔✔Current cash flow, not past liabilities Expenses associated with employee risk management ✔✔Unrelated to any of the characteristics that a lending company will be reviewing Entrance of a competitor to the market ✔✔Unrelated to the characteristics that a lending company will be reviewing Doctrine of Insurable Interest ✔✔A person will suffer financial or other kinds of loss when they lose or damage a particular property Doctrine of Contribution ✔✔A defendant who has pai [Show More]

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