The incidence of innovation among small-business workers is significantly higher than that among workers in large businesses.
Answer the following statement true (T) or false (F)
True
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Native web apps need to be developed for different mobile platforms.
Answer the following statement true (T) or false (F)
"Enriching Women's Lives" is a three-word mantra that is used by Mary Kay. This is an example of which of the following characteristics of good mission statements?
A) It is focused on a limited number of goals. B) It is short, memorable, and meaningful. C) It defines the major competitive spheres in which the company will operate. D) It takes a long-term view. E) It stresses the company's major policies and values.
For the year ending December 31, 2019, the partnership reported a net loss of $147,000. What is Peter's share of the net loss?
Nancy and Peter enter into a partnership and decide to share profits and losses as follows: 1. The first allocation is a salary allowance with Nancy receiving $13,000 and Peter receiving $11,000. 2. The second allocation is 15% of the partners' capital balances at year end. On December 31, 2019, the capital balances for Nancy and Peter are $82,000 and $18,000, respectively. 3. Any remaining profit or loss is allocated equally. A) $13,700 B) $54,000 C) $5800 D) $67,700
Answer the following statement(s) true (T) or false (F)
1. A peril is anything that can cause a loss. 2. A hazard increase decreases peril but increases risk. 3. Underwriting is the process of evaluating risk and determining the cost of the coverage. 4. Driving an automobile is a speculative risk. 5. Term life insurance is temporary life insurance that only pays benefits if the insured individual dies while insured.