Apex Insurance Company wrote a large number of property insurance policies in an area where earthquake losses could occur
When the president of Apex was asked if she feared that a severe earthquake might put the company out of business, she responded, "Not a chance. We transferred most of that risk to other insurance companies." An arrangement by which an insurer that initially writes insurance transfers to another insurer part or all of the potential losses associated with such insurance is called
A) hedging.
B) speculating.
C) reinsurance.
D) loss avoidance.
Answer: C
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What measurement of expectancy theory would be ?1 if a person feels they do not like the potential outcome and do not want to receive it?
A. expectancy B. instrumentality C. effort D. valence
Real estate companies contend that conventional accounting, recognizing depreciation but not the underlying value of the property, misleads investors
Indicate whether the statement is true or false
Clyde's Clothing Inc comparative balance sheets and income statements showed the following information for 2010 and 2011: Inventory - 12/31/2010 $ 60,000 Inventory - 12/31/2011 75,000 Accounts payable - 12/31/2010 18,000 Accounts payable - 12/31/2011 20,000 Cost of goods sold - 2011 400,000 Clyde's accounts payable balances are composed solely of amounts due to suppliers for purchases of
inventory. What is the amount of cash payments for inventory that Clyde should report on its 2011 statement of cash flows assuming that the direct method is used? A) $387,000 B) $413,000 C) $497,000 D) $303,000
Search engine marketing aims to generate website traffic by
A. listing a company's website on as many search engines as possible. B. getting more free search results on search engines. C. promoting the use of a search engine on a company website. D. purchasing advertisements on search engines. E. getting more organic search results on search engines.