What is Purview? Select one: a. An agreement of purchase and sale used when real estate in Ontario is being purchased or sold. b. A subscription-based, automated valuation and fraud detection solution for mortgage brokers and lenders. c. A document provided to an individual by their employer to prove that they are still actively employed. d. A document issued by the federal government when a personal tax return has been completed and filed. What should a broker/agent do if they notice a discrepancy in Box 12 of a T4A document? Select one: a. Assume that the document is fraudulent and reject the applicant's mortgage application. b. Contact the Canada Revenue Agency to report the discrepancy. c. Notify the employer immediately and request a corrected T4A. d. Ignore the discrepancy since it is not relevant to the mortgage process.
What is Purview? Select one: a. An agreement of purchase and sale used when real estate in Ontario is being purchased or sold. b. A subscription-based, automated valuation and fraud detection solution for mortgage brokers and lenders. c. A document provided to an individual by their employer to prove that they are still actively employed. d. A document issued by the federal government when a personal tax return has been completed and filed. What should a broker/agent do if they notice a discrepancy in Box 12 of a T4A document? Select one: a. Assume that the document is fraudulent and reject the applicant's mortgage application. b. Contact the Canada Revenue Agency to report the discrepancy. c. Notify the employer immediately and request a corrected T4A. d. Ignore the discrepancy since it is not relevant to the mortgage process.
Database System Concepts
7th Edition
ISBN:9780078022159
Author:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Publisher:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Chapter1: Introduction
Section: Chapter Questions
Problem 1PE
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Transcribed Image Text:What is Purview?
Select one:
a. An agreement of purchase and sale used when real estate in Ontario is
being purchased or sold.
b. A subscription-based, automated valuation and fraud detection solution for
mortgage brokers and lenders.
c. A document provided to an individual by their employer to prove that they
are still actively employed.
d. A document issued by the federal government when a personal tax return
has been completed and filed.
Transcribed Image Text:What should a broker/agent do if they notice a discrepancy in Box 12 of a T4A
document?
Select one:
a. Assume that the document is fraudulent and reject the applicant's mortgage
application.
b. Contact the Canada Revenue Agency to report the discrepancy.
c. Notify the employer immediately and request a corrected T4A.
d. Ignore the discrepancy since it is not relevant to the mortgage process.
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