A debt security represents an ownership interest in a business
Indicate whether the statement is true or false
False
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When a foreign entity has the U.S. dollar as its functional currency, it uses which exchange rate to translate monetary assets and liabilities?
a. the average exchange rate during the period b. the end of the period exchange rate c. the historical exchange rate d. the exchange rate on the date the asset or liability was obtained
Public notice and comment are not required when an administrative agency is making interpretive rules or general statements of policy
Indicate whether the statement is true or false
Which of the following is the best example of a life changing customer benefit?
A. A grocery store decides to lower the prices on all produce. B. An office supply store institutes a loyalty card program in which customers can use earned points for discounts on future purchases. C. A coffee shop redesigns its drive-through window service to cut back on customer wait times. D. A gym institutes a buddy program in which a staff member checks in weekly with new enrollees to offer encouragement and advice. E. A restaurant redecorates to make its space more comfortable.
Under the terms of Jenny's auto insurance policy, she must pay the first $500 of any physical damage loss to her vehicle before her insurer will pay anything. What type of deductible is included in Jenny's auto insurance policy?
A) calendar-year deductible B) waiting period C) straight deductible D) aggregate deductible