False. Furniture defects are not typically classified according to the type of defect and the shift on which it was made.
Defects in furniture are typically classified according to their severity and location on the product, and they may be categorized as cosmetic defects, functional defects, or structural defects. The shift on which the defect was made may be relevant in some cases, such as if the defect was caused by a worker who was working on a particular shift or during a specific time period.
Typically, furniture defects are classified according to their severity and location on the product. Severity refers to the extent of the defect and how it affects the product's performance or appearance. Functional defects, for example, are defects that affect the product's ability to perform its intended function, while cosmetic defects are defects that only affect the product's appearance. Structural defects are the most severe type of defect, as they affect the product's ability to support weight or withstand stress.
In some cases, the shift on which the defect was made may be relevant in determining the type of defect and the appropriate course of action. For example, if a defect was caused by a worker who was working on a particular shift or during a specific time period, it may indicate a quality control issue that needs to be addressed by the manufacturer.
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Which statement best describes a business creating an incentive?
Answer:
A. A factory increases production to respond to growing demand.
B. A restaurant offers a discounted price on a new type of dish.
C. A car dealership increases the price on a car when it becomes
more popular
D. A retailer stops carrying a product that doesn't sell well in its
stores
Explanation:
An incentive is a reason why somebody should do something, or in this case, buy something. This is why I believe the right answer is B because it attracts customers.
The main reason that some nations have higher average living standards than others is that.
The main reason some nations have higher average living standards than others is that some nations have higher levels of productivity.
What are the characteristics of a developed country?The degree of industrialization of a country is a factor that interferes in its social indicator HDI (Human Development Index), which is calculated according to the living standards of a population, such as per capita income.
Therefore, the higher the country's GDP, the greater its level of development, greater job opportunities, consumer power and commercial alliances of the country, thus increasing the living standards of the population.
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An audience's assessment of a business communication message is largely based on the author's Multiple choice question. reaction. constraints. nonverbal messages. credibility.
An audiences assessment of the business communication message is mostly based on the credibility of the author.
What is credibility?The term credibility here means that this author has been tested and the people have come to trust him.
The way that the people would assess the authors message is based on the trust and the belief that they have of him.
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Keri is making doll clothes for a holiday craft show. the wholesale cost of the materials for one outfit is $9.38. if she sells an outfit for $15, what is the percent of markup? round to the nearest percent.
The percent of markup is calculated by dividing the selling price by the cost of the materials:
Markup % = (Selling Price / Cost of Materials) x 100
Rounded to the nearest percent, the markup is 60%.
The percent of markup for Keri's doll clothes can be calculated by using the formula:
Markup Percent = [(Selling Price - Wholesale Cost) / Wholesale Cost] × 100
First, we need to find the difference between the selling price and the wholesale cost:
$15 - $9.38 = $5.62
Next, we need to divide this difference by the wholesale cost:
$5.62 / $9.38 = 0.599
Finally, we need to multiply this number by 100 to get the percent of markup:
0.599 × 100 = 59.9%
Rounding to the nearest percent, the markup percent for Keri's doll clothes is 60%.
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Internal Control - is a process designed to provide reasonable assurance regarding the achievement of company objectives related to operations, reporting, and compliance. Mention and explain the Five Primary Components of internal control.
The Five Primary Components of internal control are control environment, risk assessment, control activities, information and communication, and monitoring activities.
Control environment: This component sets the tone for the organization's internal control system by establishing the overall attitude, awareness, and ethical values. It includes factors such as management's commitment to integrity, ethical values, and the competence of employees.
Risk assessment: This involves identifying and analyzing potential risks that could hinder the achievement of organizational objectives. It includes assessing internal and external factors that may pose risks and evaluating their potential impact.
Control activities: These are the policies and procedures implemented by management to mitigate identified risks. Control activities can include segregation of duties, authorization processes, physical controls, and other measures to ensure proper execution of policies and safeguarding of assets.
Information and communication: This component focuses on the flow of information within the organization. It involves timely and accurate recording, processing, and communication of relevant information to support effective decision-making and internal control processes.
Monitoring activities: This involves ongoing assessment and evaluation of the internal control system's effectiveness. Monitoring activities can include management reviews, internal audits, and other control evaluations to identify deficiencies and ensure corrective actions are taken.
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In capital rationing, alternative proposals that survive initial and secondary screenings are normally evaluated in terms of a.maximum cost b.present value c.net cash flow d.qualitative factors
In capital rationing, alternative proposals that have passed initial and secondary screenings are typically evaluated in terms of their c) net cash flows, b) present values, and d) qualitative factors.
These evaluation methods are used to determine which projects offer the best returns on investment, while taking into account the limited capital available for investment.
Net cash flow measures the difference between a project's cash inflows and outflows over time. This metric is important because it reflects the amount of cash that the project will generate, which is critical for meeting operational and financial needs.
Present value measures the current value of future cash flows, accounting for the time value of money. This metric allows for comparison of proposals with different timelines and helps to identify which projects offer the highest return on investment.
Qualitative factors such as strategic fit, risk, and environmental impact are also considered when evaluating proposals.
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What is missing from this goal that is preventing it from being a SMART goal?
Goal: I want to be successful right after high school by getting a job.
This goal is NOT
O Specific
0 Measurable
O Attainable
O Relevant
O Timely
What are some of the challenges the federal and state governments face in trying to implement a fair tax system?
Give at least three concrete facts to support your answer. (please don't copy other answers)
Answer:
taxation should follow the four principles of fairness, certainty, convenience and efficiency. Fairness, in that taxation should be compatible with taxpayers' conditions, including their ability to pay in line with personal and family needs.Tax administration must be free of corruption and able to address all the challenges that come its way. These challenges may involve tax collection, management of taxes and duties at borders, introduction of an effective Value Added Tax or sales tax, and administration of developing law. The primary purpose of a tax is to raise revenue for governmental activities, rather than to influence business and personal decisions. Economic growth and efficiency The tax system should not unduly impede or reduce the productive capacity of the economy.
Which part of effective leadership deals with maintaining equity?
Answer:
the part where you have to lead
Explanation:
Lucky dog technology, a consumer electronics manufacturer in good credit standing with marathon, wishes to place a merchandise order with marathon sales for $25,000 on credit. sales forwards the new order to accounting for pre-approval and requests a a $25,000 credit line increase. previous sales records show that lucky dog has a current balance due of $17,800 carried over from the past two months. accounting approves a total credit line of $33,500. sales is confused with accounting's response. as they expected lucky dog to receive a total credit line approval of $42,800.
required:
provide a detailed and plausible explanation for the difference between the $42,800 credit line approval that sales expected and the $33,500 credit line which accounting actually approved for luck dog.
What therefore makes this portion so difficult? Although the arithmetic is simple, it is tested it ways you might not be accustomed to.
A manufacturer? What else do you intend by that?A manufacturer is a person or business that turns raw materials into completed products using a variety of tools, machinery, and procedures, and then sells those products to customers, wholesalers, Retailers, marketers, or other producers who use them to create more intricate items.
What does a manufacturer do?A manufacturing job entails the production of new items using either raw materials or the physical, chemical, or mechanical assembly of various components. Large-scale manufacturing is possible for products like phones, vehicles,
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Mandy used to work as a costume designer at her local theatre until she left work 3
years ago to bring up her daughter Natalie, now 4 years old. Mandy now works from
her house in Slough where she provides, makes and sells hand made glove puppets.
At the moment she sells at local craft fairs and through word of mouth. She now
wants to expand her business to include an on line shop and also to provide puppet
shows for children's parties and puppet making workshops for slightly older
children's parties.
1. Identify 2 reasons why Mandy may need to raise finance.
(2 marks)
2. Explain 1 advantage and 1 disadvantage to Mandy of taking out a bank loan.
(4 marks)
3. Mandy is considering applying for an additional mortgage on her house to
finance the business expansion. Do you think this is a good idea? Justify your
(9 marks)
answer.
Answer:
1. Mandy may need to raise a finance because she wants to expand her business, so therefore she may need extra money.
2. 1 advantage of taking out a bank loan is that she could build up her business with the money she’s taking out and the disadvantage is that her business may not work out or she won’t be able to pay the bank back
3. It may be a good idea to finance the business expansion because she may or may not grow her business after expanding it. But after expanding it there is possible chances of her business working out and growing more.
Explanation:
Which of the following might vary in on online purchase depending on where the purchaser lives?
A. The quality of the object
B. The sales tax charged
C. The appearance of the item
D. The retail price of the item
Answer:
The sales tax
Explanation:
The exchange rate for a stable country:
-remains the same unless there is political change.
-changes based on supply & demand
-is based on the U.S. Dollar.
-is based on gold.
Answer:
The exchange rate for a stable country:
Explanation:
The exchange rate of a stable economy changes based on the market forces of demand and supply. The demand and supply for a country's currency will be influenced largely by prevailing economic conditions in that country. Political and other social reasons will not affect the exchange rate of the country.
An increase or decrease of a country's products in the international market is one of the reasons for an increase or decrease in the demand for its currency.
Which of the following statements explains the difference between a lease and a loan?
a. At the end of a loan the car belongs to you, but at the end of a lease, the car still belongs to the
lease company.
b. At the end of a loan, the car still belongs to the lease company, but at the end of a lease the car
belongs to you.
C. A loan requires a large down payment at the beginning while a lease does not.
d. A lease requires a large down payment at the beginning while a loan does not
Answer:
A. At the end of a loan the car belongs to you, but at the end of a lease, the car still belongs to the
lease company.
Explanation:
The following statement which explains the difference between a lease and a loan, at the end of a loan the car belongs to you, but at the end of a lease, the car still belongs to the lease company. Thus, statement 'A' is the correct statement.
What is the difference between a lease and a loan?A lease is a long-term leasing arrangement for the use of a certain piece of equipment, whereas a loan is the borrowing of money. Loans and leases both offer advantages as a form of finance. The following are some crucial factors influencing your choice.
Loan: Typically, rates are variable and dependent on the prime rate or another index, like LIBOR. The monthly payout changes in line with changes in the index. This is advantageous when interest rates are down and harmful when they are rising. Banks won't fund machinery they don't understand or that they believe has little value as collateral.
Lease: Payments are typically fixed for the duration of the lease, barring any unusual terms. Budgeting and cash flow management are greatly facilitated by fixed payments. Because of our own financial capacity, we can finance most types of equipment.
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You are considering paying $700 per year for a health plan that pays 70% of the first $1,000 of medical costs and 100% of any additional costs over that. If your total medical expenses for the year are $900, is it worth it for you to get the plan?.
Based on the cost of the health plan and the total medical expenses for the year, it is not worth it for you to get the plan.
Is it worth it to get the plan?In order to determine if it is worth it to get the plan, compare the cost of the health plan to your medical expenses for the year. If your medical expenses for the year is less than the cost, then the plan is worth it.
Medical expense covred by plan is zero since your medical expense is less than $100. Thus the plan is too expensive.
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He "broken window fallacy" a. explains why inflation is so high. b. is illustrated when a government program is justified not on its merits but on the number of jobs it will create. c. has nothing to do with public policy. d. is a justification for the government to print more money.
Answer: b. is illustrated when a government program is justified not on its merits but on the number of jobs it will create.
Explanation:
The broken window fallacy is simply a parable that is used to denote that when a country guess to war, it may be good for the country as it is good for the country's economy. It is a message which denotes that a beneficial event that can result in economic consequences that are negative for many others.
The broken window fallacy is illustrated when a government program is justified not on its merits but on the number of jobs it will create.
The GATT agreement was replaced by the World Trade Organization.
Group of answer choices
True
False
what type of cost remains the same per unit at every level of activity? a. variable cost. b. fixed cost. c. semivariable cost.
d. mixed cost.
Fixed costs are expenses that do not vary with changes in the level of activity or volume of production. They remain constant regardless of the number of units produced. Examples of fixed costs include rent, salaries of employees, insurance premiums, property taxes, and lease payments.
In this case option B is correct
In contrast, variable costs (option a) are costs that vary with changes in the level of activity. They increase as the volume of production increases and decrease as the volume of production decreases. Examples of variable costs include raw materials, direct labor, and commissions.
Semivariable costs (option c) are costs that have both fixed and variable components. They have a fixed cost component that remains constant regardless of the level of activity and a variable cost component that varies with changes in the level of activity. Examples of semivariable costs include utilities, telephone bills, and maintenance costs.
In this case option B is correct
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Max is using a search engine to do research on trends in his industry when he comes across a website that isn’t necessarily related to his research–but is interesting and engaging. Without realizing it, Max spends over an hour browsing through the webpage’s numerous articles and links. When his boss asks him if his research report will be ready by the end of the day, Max isn’t sure how to respond. He’s hardly done any work–but it’s not like he was purposely avoiding work. He was using the search engine for the purpose of research, after all. It’s not his fault that the search results weren’t very relevant. Max is considering asking his boss for an extension on his deadline so that he can spend more time researching. What do you think? What should Max do?
In this situation, Max has to first give his boss some advance notice that he wont be able to complete the report before deadline, explain himself briefly as to why that is, then ask for more time to be able to complete the task.
What is a deadline?A deadline indicates that a task or project is anticipated to be finished by that date and time. There is a clear expectation of what must be provided and by when thanks to deadlines. Employees are able to take charge of their work in this way and include deadlines into their time management techniques.
It's critical to schedule deadlines in advance because your work may be delayed. Recognize that some resources might be delayed and that some people might not be available. You may prevent the disaster of missing a deadline by making plans in advance.
Deadlines are crucial in business for a variety of reasons. They establish standards and encourage productive behavior in the workplace.
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Consider an individual with (lifetime) utility U=lnct+βlnct+1, where β∈(0,1) is the discount factor and there is only one consumption good, c, which the individual consumes in period t,ct, and in period t+1,ct+1. The individual faces the lifetime budget constraint ct+tt+1+rct+1+1+rtt+1=yt+1+ryt+1 where tt is lump sum taxes in period t and tt+1 is lump sum taxes in period t+1. (a) Use the Lagrange technique to solve for the optimal values of ct and ct+1. (b) Suppose that period t 's labor income net of taxes is exactly equal to period t+1 's labor income net of taxes. Therefore, yt−tt=yt+1−tt+1. Does this mean that the individual will consume the same amount each period? Please support your answer using math and explain the intuition behind your answer. (c) Suppose that period t′ 's labor income net of taxes changes by the amount d(yt−tt). All else equal, by how much does period t+1 's labor income net of taxes, yt+1−tt+1, have to change so that the individual's optimal consumption choices in each period, ct and ct+1, do not change? Please support your answer using math.
(a) The optimal values is solving for ct+1 = βct. (b) Equality of net labor income does not imply identical consumption. (c) If period t's net labor income changes by d(yt - tt), period t+1's net labor income must change by the same amount for optimal consumption choices to remain unchanged.
(a) To solve for the optimal values of ct and ct+1, we can set up the Lagrangian function:
L = ln(ct) + βln(ct+1) + λ[yt+1 + ryt+1 + 1 + rt+1 - ct - tt - 1 - rct+1 - tt+1]
Taking the partial derivatives with respect to ct, ct+1, and λ, and setting them equal to zero, we can find the optimal values of ct and ct+1.
∂L/∂ct = 1/ct - λ = 0 -> λ = 1/ct
∂L/∂ct+1 = β/ct+1 - λ = 0 -> λ = β/ct+1
Equating the expressions for λ, we get 1/ct = β/ct+1, which implies ct+1 = βct.
Substituting this relationship into the budget constraint, we have:
yt+1 + ryt+1 + 1 + rt+1 - ct - tt - 1 - rβct - tt+1 = 0
(b) No, even if yt - tt = yt+1 - tt+1, it does not necessarily mean that the individual will consume the same amount each period. The individual's optimal consumption choices depend on the utility function and the budget constraint.
The utility function includes the discount factor β, which represents the individual's time preference. This means that the individual may choose to allocate consumption differently across periods, even if the net labor income is equal.
(c) If period t's labor income net of taxes changes by the amount d(yt - tt), all else equal, period t+1's labor income net of taxes, yt+1 - tt+1, would need to change by the same amount, d(yt - tt), in order for the individual's optimal consumption choices in each period, ct and ct+1, to remain unchanged.
This is because the individual's intertemporal consumption decisions are based on relative prices and the marginal utility of consumption, which are not affected by changes in net labor income if the relative difference between the two periods remains the same.
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If a consumer who is trying to decide between alternatives believes that a particular brand delivers acceptable product performance and can be shortlisted, she is in the ________ level of the BrandDynamics Pyramid.
A) presence
B) relevance
C) performance
D) advantage
E) bonding
The correct answer is C) performance. In the BrandDynamics Pyramid, the performance level is where a consumer believes that a particular brand delivers acceptable product performance and can be shortlisted.
At this level, the brand has met the basic needs and requirements of the consumer but has not yet developed a strong emotional connection or loyalty.
If a consumer who is trying to decide between alternatives believes that a particular brand delivers acceptable product performance and can be shortlisted, she is in the C) performance level of the BrandDynamics Pyramid.
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2008 1 Mar Started business with $1,000 cash.
credit or debit
Answer:
The cash a/c is debited as it is an asset for the business and the capital a/c is credited as it is a liability for the business according to the business entity concept.
If the exchange rate for buying Japanese Yen is 12 Yens per Dollar, how many
Yens do you need to buy 200 Dollars for? show working please
Answer:
2,400 Yens
Explanation:
exchange rate for buying Japanese Yen is 12 Yens per Dollar
1 dollar : 12 Yens
how many Yens do you need to buy 200 Dollars for?
Let
x = number of Yens needed
200 dollars : x Yens
Equate the ratios to find x
1 dollar : 12 Yens = 200 dollars : x Yens
1/12 = 200/x
Cross product
1 * x = 12 * 200
x = 2,400
x = number of Yens needed = 2,400 Yens
Answer:
2400 yen
Explanation:
smort
2) your bank has just presented a plan: a 5% rate annually until you retire in 40 years. however, you think that interest rates will increase over the next year, and one year from today, you will have an opportunity to invest at 5.6% annually. if you plan to invest $16,000 either this year or next year, how much more will you have when you retire if you wait one year to make your investment?
There can be several ways by which interest rate can be increased in any economy. You will have $57,920 more when you retire if you invest next year as compared to this year
Rate of interest offered next year = 5.6%,
Number of years till retirement = 40 years
Future Value = $16,000 x (1 + Rate of Interest)n.
Now, calculate the Future Value in two ways.
First, if invest this year:
Future Value = $16,000 x (1 + 5%)40
Future Value = $16,000 x (1.05)40
Future Value = $16,000 x 7.039
Compound interest earned = Future Value - Principal
Compound interest earned = $16,000 x (7.039 - 1)
Compound interest earned = $16,000 x 6.039
Compound interest earned = $96,624
Next, if you invest next year:
Future Value = $16,000 x (1 + 5.6%)39 x (1 + 5%)1
Future Value = $16,000 x (1.056)39 x (1.05)
Future Value = $16,000 x 10.609
Compound interest earned = Future Value - Principal
Compound interest earned = $16,000 x (10.609 - 1)
Compound interest earned = $16,000 x 9.609
Compound interest earned = $154,544
Difference in the amount you will have when you retire = $154,544 - $96,624
Difference in the amount you will have when you retire = $57,920
Future value will be calculated in two ways first is if investment took place in current year and second is if investment is in next year. By deducting principal amount invested from future value which is earned compound interest can be calculated.
Therefore, you will have $57,920 more when you retire if you invest next year as compared to this year.
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School Weste
LAUNCH
Rowan is the social media strategist for the housewares unit of a large department store chain.
She has been assigned the project of rolling out a new line of bed linens. She has identified her
target audience, and has developed a persona to match. She knows which social media
platforms her target audience uses primarily. She also has a clearly defined goal to sell at least
10,000 sets of linen within six months. What stage is Rowan's social media campaign in?
Development
Implementation
Analysis
Planning
X
The optimization phase is the closing and probably most vital section of your social media campaign. In this section you are focusing on the metrics of your social media efforts to date and working to improve areas for increased return on investment.
What is social media advertising campaign?A social media marketing campaign is a business's coordinated advertising effort to fortify facts (about a brand, product, or service) the usage of at least one social media platform. These campaigns are strategically focused, have measurable outcomes, and impact social media followers to sense or act in a positive way.
Before you get revved up about pushing your company or company on social media, it is quintessential to recognize that true social campaigns start with a clear intention or vision.
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True
False
Answer:
false
Explanation:
.
Answer: False
Explanation:
PLEASE HELPP!!
Financial Statement Analysis Portfolio
The Income Statement for Pumpkin Co. is shown below:
Pumpkin Co.IncomeStatement
for the Month Ended October 21, 2010
revenues- blank
sales
$120,000.00
operating expenses-blank
salary expense
$10,000.00
supplies expense
$14,000.00
depreciation expense
$4,000.00
net income
$92,000.00
Pumpkin Co. is about to embark on a project that will have a total cost of $300,000.00 over a 10-year period.
1. Calculate the expected annual rate of return on this project.
2.Calculate the cash payback on this project.
Answer:
Explanation:
what do you need help with', though
The expected rate of return over the project will be 30.67%; whereas, the cash payback for the same will be 3.12 years.
What is rate of return?A financial ratio used to calculate the returns over monetary engagement during a financial period is generally regarded as the rate of return over such investment.
Using the given information, the expected rate of return will be computed as,
\(\rm Rate\ of\ Return= \dfrac{Net\ Income}{Investment}\ x\ 100\\\\\rm Rate\ of\ Return= \dfrac{92000}{300000}\ x\ 100\\\\\rm Rate\ of\ Return= 30.67\%\)
Similarly, when such return is earned, the cash payback will be computed as,
\(\rm Cash\ Payback= \dfrac{Investment}{Cash\ Inflow}\\\\\rm Cash\ Payback= \dfrac{300000}{92000}\\\\\rm Cash\ Payback= 3.125\)
Hence, the expected rate of return over the project will be 30.67%; whereas, the cash payback for the same will be 3.12 years.
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The smaller the GDP, the larger the economy.
Answer:
Real gross domestic product is an inflation-adjusted measure
price levels and provides a more accurate figure of economic growth
This means that if inflation is positive, real GDP will be lower than nominal, and vice versa
which of the following costing method results in the highest net income during a period of increasing inventory costs?
The LIFO method is the costing method that results in the highest net income during a period of increasing inventory costs. The costing method that results in the highest net income during a period of increasing inventory costs is LIFO.
What's LIFOLIFO is an acronym for "last in, first out," which refers to the fact that under this costing method, the most recently acquired items are assumed to be the first to be sold, with the costs of those items used to calculate the cost of sales for a given period.
Therefore, during a period of increasing inventory costs, the cost of goods sold will be higher under the FIFO method, resulting in a lower net income. As a result, the LIFO method is more advantageous in this situation.
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Christian is 33 years old, has been renting for the past five years, and is now thinking about purchasing a home by applying for a mortgage. Why is it important for him to check the information recorded on his credit report? Group of answer choices To confirm that his landlords' names are not on the report To verify the accuracy of his rental history To check the accuracy of his landlords' addresses To ensure that his roommates' names are on the report
Answer: To verify the accuracy of his rental history
Explanation:
Based on the scenario in the question, it is it important for Christian to check the information recorded on his credit report so as to verify the accuracy of his rental history.
He has to verify his rental history so as to know if there's a mistake or if the details written are not correct. To apply for the mortgage, he needs to ensure that the details are correct.