Which of the following statements is (are) true with regard to the ISO commercial crime coverage forms?
I. The discovery version only covers losses which occur during the policy period.
II. The loss-sustained version covers losses which occur during the policy period and the loss is discovered during the policy period or within one year after the policy expires.
A) I only
B) II only
C) both I and II
D) neither I nor II
Answer: B
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Austin's Pub Supply uses the periodic inventory system and the gross method of accounting for sales. The company had the following sales transactions during August: August 2Sold merchandise to Jo's Pub and Grub on credit for $3,750, terms 2/15, n/60. The items sold had a cost of $1,200. August 4 Jo's Pub and Grub returned merchandise that had a selling price of $300. The cost of the merchandise returned was $110.August 13Jo's Pub and Grub paid for the merchandise sold on August 2, taking any appropriate discount earned.Prepare the journal entries that Austin's Pub Supply must make to record these transactions.
What will be an ideal response?
_________ were created to guide employers in their efforts to comply with federal laws concerning all employment decisions, and especially the selection process.
A. Equal employment tests B. Selection modules C. Guidance principles D. Employment norms E. Uniform guidelines
The ECPA provides that stored electronic communications may not be accessed by the party or entity providing the electronic communication service
Indicate whether the statement is true or false
The first step in the risk management process is to insure against risk
Indicate whether the statement is true or false.