The perils clause in a marine insurance contract covers which of the following?
A) Explosion
B) Pilferage
C) Acts of war
D) Jettison of the cargo during a storm
D
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On January 1, Butte Company's Valuation Allowance for Trading Investments account has a debit balance of $23,200 . On December 31, the cost of the trading securities portfolio was $80,000 . The fair value was $98,000 . Which of the following would Butte report on the income statement for the current year?
a. an unrealized loss on trading investments, $5,200 b. an unrealized gain on trading investments, $5,200 c. an unrealized gain on trading investments, $18,000 d. an unrealized loss on trading investments, $18,000
How long does it usually take postgraduates to find their first jobs after college?
a. 1–2 months b. 2–4 months c. 6–12 months d. 3–6 months
Quentin wants to reward his employees while also raising equity in his small business. By doing this, he will be able to keep control of the business until the time comes to hand over the reins to his eligible employees. Quentin has decided to start ______.
A. merit pay system B. profit sharing C. gainsharing D. an employee stock ownership plan
Cluster analysis does not classify variables as dependent or independent
Indicate whether the statement is true or false