Which of the following types of risks best meets the requirements for being insurable by private insurers?

A) most market risks
B) property risks
C) financial risks
D) political risks


Answer: B

Business

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Define perceptual distortion by generalization.

What will be an ideal response?

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Responsibility accounting authorizes managers to take control of and be held accountable for the revenues and expenses in their budgets

Indicate whether the statement is true or false

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Damaged and obsolete goods that can be sold:

A. Are included in inventory at their net realizable value. B. Should be disposed of immediately. C. Are included in inventory at their full cost. D. Are assigned a value of zero. E. Are never counted as inventory.

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______ is the sum of the differences between the actual and the forecasted demand values.

A. Mean squared error (MSE) B. Mean absolute deviation (MAD) C. Mean absolute percentage error (MAPE) D. Cumulative sum error (CSE)

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