Which of the following items is not a benefit of standard insurance policies?
A) Smaller insurers can offer cheaper insurance than larger companies if standard policies are used.
B) Litigation should be reduced as policy meaning becomes understood.
C) Consumers are more likely to learn the meaning of standard policies.
D) Data collection and loss rate computation are easier and more accurate.
A
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___________is the allocation of the cost of a tangible, long-term asset over its useful life
Fill in the blank(s) with correct word
The concept of ________ ethics states that the rightness of an action is determined by one's obligation to adhere to consistent principles, laws, and social standards that define what is right and wrong and where the line is.
Fill in the blank(s) with the appropriate word(s).
Which of the following is included in the introduction?
A) title B) executive summary C) general purpose as well as the specific objectives D) memo of certification E) all of the above are included in the introduction
Goodfellow Company had the following results of operations for the past year: Sales (8,000 units at $6.80)$ 54,400Materials and direct labor(20,000)Overhead (40% variable)(10,000)Selling and administrative expenses (all fixed) (6,000)Operating income $ 18,400?A foreign company offers to buy 2,000 units at $5.00 per unit. In addition to variable manufacturing costs, there would be shipping costs of $1,200 in total on these units. Prepare an analysis of this additional business to show whether Goodfellow should take this order.
What will be an ideal response?