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
Answer: C
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On January 1, 2015, Danville Corporation acquired a machine at a cost of $60,000. The machine's service life was estimated to be ten years and its residual value to be $6,000. The straight-line method was used for depreciation. On January 1, 2020, the machine was no longer useful and was sold for $3,000. For 2020, in regard to this machine, how much of a loss should Danville record?
A) $27,000 B) $30,000 C) $3,000 D) $60,000
Nonprofit corporations:
A. are formed and operated by public entities. B. do not permit officers and employees to receive salaries. C. have the power to tax. D. are similar to nontaxing governmental corporations.
Recognitional picketing is also known as ________ picketing
A) informational B) organizational C) jurisdictional D) honorary
Which of the following technologies could enable a cashier to scan the entire contents of a shopping cart in seconds?
A) ASRS B) AGV C) CAD/CAM D) RFID E) FMS