Catastrophic losses are not insured by the private insurance industry because:
A) if a truly catastrophic loss occurs, it can threaten the solvency of the insurer
B) catastrophic losses can result from an individual's moral hazard
C) the federal government wants to insure catastrophic losses
D) the losses require foreign reinsurance companies to operate in the U.S.
A
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________ refers to the ways an organization's people encourage training.
A. Situational constraint B. Employee orientation C. Social support D. Benchmarking E. Experiential program
A broad principle that requires identifying the activities of a business with specific time periods such as months, quarters, or years is the:
A. Expense recognition (matching) principle. B. Time period assumption. C. Operating cycle of a business. D. Accrual basis of accounting. E. Going-concern assumption.
Banks that operate in the Eurocurrency markets are known as ________
A) eurobanks B) eurocredit banks C) euronote banks D) international banking facilities
An Electrolux commercial features talk-show host Kelly Ripa juggling a busy schedule that includes cooking a meal, washing clothes, and cleaning dishes using Electrolux appliances. Which aspect of the creative pyramid is the advertiser most likely seeking to establish by using Kelly Ripa in the ad?
A. credibility B. comprehension C. awareness D. action E. conviction