You plan to purchase a personal automobile policy on your new car. You want to be able to understand the four basic parts, which are:
What will be an ideal response?
Answer:
Part A: Liability coverage provides protection for you if you are legally liable for bodily injury and property damage caused by your automobile. It includes payment for any judgment awarded, court costs, and legal defense fees.
Part B: Medical expense coverage pays medical bills and funeral expenses, with limits per person, for you and your passengers.
Part C: Uninsured motorist's protection coverage protects you by covering bodily injury and property damage caused by drivers without liability insurance. It is required in many states.
Part D: Damage to your automobile provides coverage for collision with another vehicle or an object. With collision insurance, losses are covered regardless of whose fault it is.
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Tiger Woods' endorsement deals were terminated by a host of sponsors, including Accenture, Gillette, AT&T, and General Motors. What are the reasons for these companies dropping Woods from their promotional efforts?
What will be an ideal response?
When a job costing $5,000 is completed, the following journal entry is made:
A) Finished Goods 5,000Cost of Goods Sold 5,000 B) Cost of Goods Sold 5,000Finished Goods 5,000 C) Work-in-Process 5,000Finished Goods 5,000 D) Finished Goods 5,000Work-in-Process 5,000 E) Cost of Goods Sold 5,000Sales 5,000
Inland Eastex Inc. manufactures paper that is used for printing covers for different types and sizes of magazines. The percentage of magazine sales determines how much paper Inland Eastex will produce each year. This is an example of__________demand
Fill in the blanks with correct word.
Consider a work center with a demand rate of 35 parts per hour and using a container that can hold 10 parts. It is estimated that the container takes 1 hour to cycle through the work cell. Assume a safety stock level of 20 percent. What is the value of T (time) for this system?
a. 35 b. 10 c. 1 d. 0.2