An all-risk policy will cover loss of property due to the insured's negligence
Indicate whether the statement is true or false
T
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The leader of a small work group has several employees that are new to the group and a number of employees who have been part of this group for five years or more. The five-year members rarely ask questions and complete their work on a timely basis. The leader checks in on them occasionally to see if there is anything that they need. The new employees are not sure how to complete their work, and they have been asking many questions. This leader has checked in on them occasionally and has assumed that each of their questions have been answered by the more experienced team members. This leadership approach could be described as ______.
a. flexible b. inflexible c. contextual d. specific
Jodie's brother is a director at Trip Corporation. He calls her and says that Trip's earnings, not yet announced, will be up by 75 percent and that Jodie should buy Trip's common stock. Under these circumstances, Jodie:
A. cannot trade because she is the relative of an insider. B. can trade because she obtained public information from an insider. C. can trade because the information will eventually be made public. D. cannot trade because she is not an insider.
Blue Bull Inc uses direct labor hours to allocate variable and fixed overhead costs. Under which of the following circumstances would the base used to calculate the variable overhead rate be the same as that used for the fixed overhead rate?
A) When actual labor hours are the same as budgeted labor hours B) When standard indirect labor hours agree with standard direct labor hours C) In all circumstances the base used for each calculation is the same D) When the number of labor hours expected to be incurred for the period is the same as normal capacity direct labor hours
Which type of product is a basic or necessary item that is available almost everywhere?
A) emergency product B) staple C) impulse product D) shopping product E) unsought product