Which of the following statements is (are) true concerning benefit payments under long-term care insurance?
I. Expense-incurred policies pay for actual charges up to a specified daily limit.
II. Per diem policies pay a specified daily benefit regardless of the charges incurred.
A) I only
B) II only
C) both I and II
D) neither I nor II
Answer: C
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In negotiations, those who are the first to offer a concession often find the other party giving a similar one in return, regardless of the power in the relationship.
Answer the following statement true (T) or false (F)
A company increased the selling price for its product from $1.00 to $1.20 a unit when total fixed costs increased from $400,00 . to $450,00 . and variable cost per unit remained unchanged. How would these changes affect the break-even point?
a. The break-even point in units would be increased. b. The break-even point in units would be decreased. c. The break-even point in units would remain unchanged. d. The effect cannot be determined from the information given.
Omega Inc makes lightweight sunglasses with 100-percent UV protection for people who love to hunt, hike, and ride bikes
The company's long-term plans include the development of lenses that, in addition to protecting users from UV rays, would help reduce lens spotting through effective water-sheeting methods. This new feature would be valuable to people who fish. Given the rising popularity of recreational fishing in the United States, Omega products clearly have a huge market potential. In terms of a SWOT analysis, Omega has recognized a market ________. A) weakness B) strength C) threat D) opportunity E) challenge
Startup and shutdown costs are major considerations when using the ________ scheduling technique.
What will be an ideal response?