An inflation guard endorsement will

A)

protect you from a decline in housing prices by ensuring that you can resell your home for at least as much as you paid for it.
B)

protect you from a rise in housing prices by ensuring that you can resell your home for the initial purchase price plus an adjustment for inflation.
C)

periodically increase your dwelling protection to reflect increases in replacement cost.
D)

increase the co-insurance percentage in the replacement cost provision.


C

Business

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In the CAPM, if a stock has a large beta coefficient, then

A. the stock's return is less volatile than the market's average return. B. the stock's return is about as volatile as the market's average return. C. the stock's return is more volatile than the market's average return. D. the stock's risk is greater than its expected return.

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Many companies assign only the net invoice price for merchandise to inventory and cost of goods sold. All other costs, including transportation and other costs of bringing merchandise to the place of business, are charged to expense of the period in which they are incurred. Which accounting principle or concept is applied in this example?

a. Historical cost b. Conservatism c. Matching d. Cost/Benefit

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Which of the following is a characteristic of a public corporation?

A) The lifetime of the organization is limited to the lifetime of the decision-making committee or the Chief Executive Officer, whichever is longer. B) Profits are taxed as income to corporation and again as income to owners when distributed as dividends. C) Ownership interests are generally limited to no more than 35 shareholders. D) Owners can exert control over daily management decisions.

Business

A prohibited route in a transportation model should be assigned a value of zero

Indicate whether this statement is true or false.

Business