You have been asked to complete this year's social responsibility report for the insurance industry. Which of the following statements would you include as a valid indication of socially responsible activities in this industry?
A. This year, we sold more insurance policies than in the previous two years.
B. This year marked a 200 percent increase in the number of new insurance products and services available to customers.
C. To date, few women and minorities hold management positions in the insurance industry.
D. This year, more than 300,000 volunteer hours were contributed by companies through loaned executives and release-time (time off) arrangements.
E. Fewer than one-eighth of the companies' charitable contributions go to people-related activities.
Answer: D
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Realized real interest rates in the United States were often negative in the early
A. 1960s. B. 1970s. C. 1980s. D. 1990s.
Which of the following is NOT one of the components of the fraud exposure rectangle?
a. Accounting system controls b. Management and directors c. Financial results and operating characteristics d. Organization and its industry
Contracts formed between parties that lack contractual capacity are usually unenforceable.?
Indicate whether the statement is true or false
You are considering buying a share of stock in a firm that has the following two possible payoffs with the corresponding probability of occurring
The stock has a purchase price of $50.00. You forecast that there is a 40% chance that the stock will sell for $70.00 at the end of one year. The alternative expectation is that there is a 60% chance that the stock will sell for $30.00 at the end of one year. What is the expected percentage return on this stock, and what is the return variance? A) -8.00%, 15.36% B) 4.00%, 30.72% C) 8.00%, 15.36% D) -4.00%, -30.72%