The hospital insurance preferred by the author is

A)

indemnity insurance.
B)

holistic insurance.
C)

service-benefit insurance.
D)

expense insurance.


C

Business

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Amortized discount is computed annually when a bond is issued for other than its face value. For a bond issued at a discount, how will this component change as the bond approaches maturity?

a. decrease b. increase c. remain constant d. not enough information given to decide

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Divine Foods produces a gourmet condiment which sells for $16 per unit. Variable costs are $6 per unit, and fixed costs are $5,000 per month. If Divine expects to sell 1,500 units, compute the margin of safety in units.

A) 500 units B) 1,000 units C) 1,500 units D) 8,000 units

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The shares provided for in a corporation’s articles of incorporation that may be issued to shareholders at a future date are referred to as

A. issued shares. B. authorized shares. C. outstanding shares. D. treasury shares.

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If a foreign government hires an American consulting firm to help the country's textile industry improve production operations, the contract is commercial, and if the foreign government refuses to pay, the consulting firm may sue the government in American courts.

Answer the following statement true (T) or false (F)

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