Which of the following statements about the additional coverage for damage to property of others in Section II of the homeowners policy is true?
A) The maximum amount of coverage is $25,000 per occurrence.
B) Payments are made on the basis of the replacement cost of the damaged property.
C) There is coverage for property damage arising out of a business engaged in on a full-time basis by an insured.
D) There is coverage for intentional property damage by any insured who is a teenager.
Answer: B
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Which of the following is a factor that the auditor should consider when choosing between non-statistical and statistical sampling?
a. Whether the audit staff is adequately trained to use statistical sampling. b. Whether the population lends itself to a random-based selection method. c. Whether the auditor wants a statistical measure of the risk of drawing a wrong conclusion. d. All of the above.
When asked to rate professions by how much they were trusted, what was the only profession Gallup Poll respondents rated higher than 15 percent?
a. doctors b. nonprofit charity officers c. police officers d. nurses
ESI, in the context of concurrent engineering, refers to?
a. Early salesforce initiative b. Early supplier involvement c. Early supplier improvement d. Early salesforce involvement
Sue has a Bloomingdale's credit card. On Monday she charged a $47.90 sweater and then lost the card. Myra found it Monday and charged a $100 scarf and $400 purse. Sue missed her card at 8 a.m. Tuesday and called the store. Myra then charged a coat for $4,000 . Sue's bill was $4,547.90 . Sue owes:
a. $47.90. b. $547.90. c. $97.90. d. $4,547.90.