Which of the following will not result in lower auto insurance premiums?

A) Living in a rural area
B) Driving a more expensive car
C) Having a high FICO score
D) All of the above will reduce your premiums.


Answer: B

Business

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The difference between net sales and the cost of goods sold equals the _____

a. net profit before taxes b. total costs c. operating expenses d. gross profit

Business

Which of the following is a specific assumption of Theory X managers?

A. It is necessary to use coercion, control, and threats of punishment to get people to attain organizational objectives. B. The expenditure of physical and mental effort at work is as natural to people as resting or playing. C. Employees who learn different aspects of the business will be in a better position to contribute to the broader goals of the organization. D. Commitment to objectives is determined by the rewards that are associated with their achievement.

Business

The Kelo case limited local development through condemnation of private property

Indicate whether the statement is true or false

Business

What is the primary difference between the lease-value rule and the commuter rule as they pertain to the valuation of a company car fringe benefit?

A) The lease-value rule must be used for IRS reporting. B) The commuter rule considers all mileage driven as personal. C) The lease-value rule is only for internal company use. D) The commuter rule forbids personal use of the company vehicle.

Business