Indirect loss coverage (business income insurance) will cover all the following except:
A) lost profits
B) continuing expenses
C) income taxes on lost profits
D) extra expenses incurred to maintain operations after a loss
C
You might also like to view...
Which of the following is the method marketers use to collect available information about what is going on in the world that is relevant to their business?
A) a marketing decision support system B) marketing management C) longitudinal research D) a market intelligence system E) data mining
The main challenges of internal communication within an organization are
A) Communicating through your company's Web site or through e-mail messages. B) Persuading the reader and making your intentions clear. C) Level of detail and tone. D) None of the above
The employees of Able Company have worked the last two weeks of Year 1, but the employees' salaries have not been paid or recorded as of December 31, Year 1. The adjusting entry that Able should make to accrue these unpaid salaries on December 31, Year 1 is:
A. no entry is required until the employee is paid next period. B. debit to Salaries Expense and credit to Cash. C. debit to Salaries Payable and credit to Salaries Expense. D. debit to Salaries Expense and credit to Salaries Payable.
The cash flows associated with common stock are more difficult to estimate than those related to bonds because stock has a residual claim against the company versus a contractual obligation for a bond.
Answer the following statement true (T) or false (F)