A young investor with a secure job is:

A. more concerned about current income.
B. more able to bear risk.
C. less oriented toward investments with capital gains.
D. less aggressive when investing.
E. more skillful in tax preparation.


Answer: B

Business

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Which of the following entries properly closes a temporary account?

A) Service Revenues 20,000Retained Earnings 20,000 B) Unearned Revenue 10,200Retained Earnings 10,200 C) Accumulated Depreciation 1,600Retained Earnings 1,600 D) Dividends 400Retained Earnings 400

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Section II of the homeowners policy has exclusions applying to all of the following EXCEPT

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