Inter-Ocean Transfer owns 12 large cargo ships which transport goods. Inter-Ocean Transfer can obtain physical damage insurance on these vessels by purchasing
A) hull insurance.
B) cargo insurance.
C) protection and indemnity insurance.
D) freight insurance.
Answer: A
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When there is an ethical conflict, the management accountant should resign if the immediate supervisor is involved in the conflict
Indicate whether the statement is true or false
Brad always buys and uses Nike brand golf balls. If he finds a Titleist or Callaway ball in the rough, he gives it away. Brand-loyal golfers like Brad allow Nike to charge a higher price and not lose many sales. By building a strong brand, Nike has effectively
A. increased the cross-price elasticity for its products. B. shifted the golf ball market from a monopoly to pure competition. C. increased the income effect for its products. D. focused on the competitive parity point for its products. E. reduced the price elasticity of demand for its products.
An act explicitly defining and prohibiting insider trading was passed in
A) 1934. B) 1975. C) 1988. D) 2002.
The National Ambient Air Quality Standards:
a. sets limits on quantities of certain pollutants that are emitted into outdoor air b. are to be established taking into account the economic and feasibility of the pollution controls necessary to be implemented to protect the public health and welfare c. are postponed by a variance for major emitting facilities if the owner can demonstrate that the standards will pose a significant financial burden d. are established by taking into account the public health and welfare taking into account an adequate margin to allow companies to maintain reasonable profits e. were met for the basic pollutants by the early 1990s