Your home insurance policy has a $250 deductible. If a small fire causes $600 damage to your home, what amount of the claim would the insurance company pay?

A) $250
B) $350
C) $450
D) $600


Answer: B

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Under the accrual method, expenses are recognized when revenue is earned

a. True b. False Indicate whether the statement is true or false

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The Constitution is vague about the president's authority over the executive branch. Which presidential power gives the president the power to shape policy________?

a -appointment b -"power of the purse" determine the budget c -power to establish or abolish executive departments d -conducting investigations

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A set of three or more companies directly linked by one or more of the upstream and downstream flows of products, services, finances, and information from a source to a customer is referred to as

A. a distribution center. B. a supply chain. C. distribution management. D. a value chain. E. logistics.

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Which is the most recent innovation in the method by which an agency creates regulations?

a. The agency invites representatives of all concerned parties, usually businesses, to meet to assist the agency in drafting the proposed rule. This process is called negotiated rule making. b. The agency staff studies the problem and reaches a tentative solution, publishing it in P. Richards Almanac as a proposed rule, giving the public the opportunity to comment before federal district courts. c. The agency holds a hearing asking each competing interest to present a draft of the proposed regulation. The agency considers each draft as well as supporting testimony and selects the best from among those submitted. d. Congress includes the regulations in the National Agency Empowerment statute.

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