Which of the following is a form of casualty insurance?

A) fire insurance
B) general liability insurance
C) inland marine insurance
D) ocean marine insurance


Answer: B

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Under the Modified Accelerated Cost Recovery System (MACRS) depreciation method, the salvage value is

a. added to the cost of the asset. b. ignored. c. subtracted from the cost of the asset. d. added to the straight-line depreciation.

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The central vacuole

A. stores nutrients and cellular waste products. B. is a reservoir for water. C. provides the plant cell with support. D. All of the choices are correct.

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Swimlanes (or lanes) identify participants, e.g., functions or departments, in a process.

Answer the following statement true (T) or false (F)

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A manager may deviate from the four pricing rules if a specific short-term objective is being targeted

Indicate whether the statement is true or false

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