Which of the following is not true about state financial responsibility laws?
A) They require individuals who drive cars to purchase a minimum amount of liability insurance.
B) They are the same for all states.
C) They may require proof of insurance to register a car.
D) They may require proof of insurance when drivers are involved in an accident.
Answer: B
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An interval scale is a scale in which the numbers are used to rate objects such that numerically equal distances on the scale represent equal distances in the characteristic being measured
Indicate whether the statement is true or false
At the beginning of the year, Judge Manufacturing had the following account balances:
The following additional details are provided for the year:
The ending balance in the Finished Goods Inventory account is a ________.
A) debit of $509,700
B) debit of $501,700
C) debit of $8000
D) debit of $571,900
Service desks run as ____ centers must cover their expenses and, perhaps, make money by charging a fee for support services.
A. cost B. profit C. decentralized cost D. external support
Smith-Lockwood, a gift store, ran a half-page advertisement in a regional newspaper for Howard Miller brand clocks. Smith-Lockwood's Howard Miller supplier reimbursed the store's owner for the media cost. This is most likely an example of ________ advertising.
A. trade B. institutional C. co-op D. national E. industrial