Lisa and Eric were notified that replacement cost coverage is in effect on a home owner's policy only if the home is insured for at least 80% of its replacement cost. This provision is known as the
A) Replacement Cost Rule.
B) 80 Percent Rule.
C) Replacement Cost Provision.
D) none of the above.
Answer: B
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Answer the following statements true (T) or false (F)
1. Managers of virtual workers should arrange for them to meet regularly. 2. Over 20 years ago, Peter Drucker predicted that the future organization would be organized around teamwork, but that has yet to occur. 3. Among the benefits of teamwork is the reduction of destructive internal competition. 4. While quality is usually improved by using teamwork in an organization, productivity typically suffers because teamwork is time consuming.
All of Tim’s friends have the latest high-tech, high-priced smartphone. Tim has had the same flip-phone for 8 years. When his friends tease him about it, Tim says there is no way to keep up with the new versions and updates, so he has no interest in even trying. This indicates that new media is ______.
a. creative b. always evolving c. personalized d. flexible
During 2012, the accounts receivable turnover ratio for Upward Company increased from 10 to 15 times per year. Which one of the following statements is the most likely explanation for the change?
A) The company's credit department has followed up with customers whose account balances are past due in order to generate quicker collections. B) The company has decreased sales to its most credit worthy customers. C) The company has increased the amount of time customers have to pay their accounts before they are past due. D) The company has extended credit to more risky customers in order to increase the accounts receivable turnover ratio.
A disadvantage of newspaper advertising is that it has__________
Fill in the blanks with correct word.