From the viewpoint of an insurer, the prerequisites of an ideally insurable risk include all the following except:
A) the loss must be capable of being determined and measured
B) there must be a large, homogeneous group of exposure units
C) the loss should not be subject to catastrophic hazard
D) the peril should be such that the probability of loss is high
D
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A(n) ________ is a pronounced modification to an existing product that requires a modest amount of learning or change in behavior to use it
A) dynamically continuous innovation B) augmented product C) competitive innovation D) continuous innovation E) discontinuous innovation
During Year 3, Carrington Company made the following expenditures relating to plant machinery and equipment: • Continuing, frequent, and low cost repairs $46,000 • Special long-term protection devices were attached to ten machines 11,000 • A broken gear on a machine was replaced 5,000 How much should be charged to repairs and maintenance in Year 3?
a. $46,000 b. $51,000 c. $57,000 d. $41,000 e. none of the above
Variable cost per unit = $5.00 Average Fixed Cost per unit = $7.00 Units sold and produced in July 25,000 What is total estimate cost for August if 30,000 units are projected to be produced and sold?
A) $360,000 B) $325,000 C) $175,000 D) $300,000
The first step of the writing process is to compose a first draft of the message
Indicate whether the statement is true or false