A work sheet is an alternative to T accounts to help in the preparation of a statement of cash flows

a. True
b. False
Indicate whether the statement is true or false


True

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When Myra was completing a performance appraisal on one of her employees, she rated the employee high on reliability and conscientiousness. The next item on the form was accuracy. Even though the employee was only average on accuracy, Myra gave her a high rating. Myra had just given her a high rating on two other items. It is likely Myra made an error due to _______.

A. bias B. stereotyping C. distribution D. proximity E. ranking

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Which of the following statements about the building and personal property coverage form is (are) true?

I. A limited amount of coverage is provided for pollutant cleanup and removal at the described premises if the release or discharge of the pollutant results from a covered cause of loss. II. Fire department service charges are specifically excluded because they are a normal cost of doing business. A) I only B) II only C) both I and II D) neither I nor II

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A person may employ deadly force to protect his property

Indicate whether the statement is true or false

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If Lindsey lets her life insurance policy lapse, and then decides to later reinstate it, what happens with respect to the two-year suicide clause that was in the original policy?

A) It restarts with the date of reinstatement, and runs for another two years. B) It restarts, but only runs for one year. C) Nothing D) It restarts, but only runs the length of time that passed between the lapse and the reinstatement.

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