Besides an Estimate of Costs,a Construction Loan Submission Package Includes

question 20

Multiple Choice

Besides an estimate of costs,a construction loan submission package includes many other components.Which of the following would NOT be one of those components?

• A) Pro Forma Statement of Cash Flows for an investor's portfolio
• B) Pro Forma Statement of Cash Flows
• C) Pro Forma Operating Statement
• D) Ratio and Sensitivity Analysis

---

Definitions:

Performance Measures

Quantitative indicators used to assess how well an individual, organization, or system is performing against expected objectives.

Strategic Business Unit

A division or unit within a larger company that focuses on a specific market segment or product line, operating with its own strategy and objectives.

Merit Pay

A salary increase awarded to employees based on their job performance, acting as a motivational tool by rewarding high performers.

Unit Performance

The measurement of the efficiency, effectiveness, and productivity of a specific department or operational unit within an organization.