Cathy's car hit a patch of ice on the road. The car skidded off the road and hit a tree. The presence of ice on the road is best described as a(n)
A) peril.
B) subjective risk.
C) physical hazard.
D) indirect loss.
Answer: C
You might also like to view...
Reconciliation of vendor statements to recorded payables provides assurance related to the completeness assertion
a. True b. False Indicate whether the statement is true or false
A reactive change is most often the result of, or seen in ______.
a. a great opportunity b. a frozen organization c. incremental change stalled or gone wrong d. a potential threat
When can employers legally screen applicants for drunk driving arrests?
a. when the applicant admits to being an alcoholic b. when driving is job-related c. anytime they like, since it is not a protected behavior d. when an applicant’s manner and appearance seem to indicate drinking problems
Which of the following statements is CORRECT?
A. Net working capital is defined as operating current assets minus the difference between current liabilities and notes payable, and any increase in the current ratio automatically indicates that net working capital has increased. B. Although short-term interest rates have historically averaged less than long-term rates, the heavy use of short-term debt is considered to be an aggressive strategy because of the inherent risks associated with using short-term financing. C. If a company follows a policy of "matching maturities", this means that it matches its use of common stock with its use of long-term debt as opposed to short-term debt. D. Net working capital is defined as operating current assets minus the difference between current liabilities and notes payable, and any decrease in the current ratio automatically indicates that net working capital has decreased. E. If a company follows a policy of "matching maturities", this means that it matches its use of short-term debt with its use of long-term debt.