A deductible is an amount
A) the person at fault will pay.
B) not paid by the insurance company.
C) if increased will increase the premium.
D) mandated by state law.
Answer: B
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For an MBO system (manage by objectives) to work, the business unit attempting to implement the process must meet four criteria. What are those criteria?
What will be an ideal response?
Which of the following is an example of line extensions?
A) introduction of the personal computer B) a firm's entry into various packaged food categories C) introduction of a new flavor of ice crème by a company D) introduction of improved version of a detergent powder by a firm
The purchase of equipment is an example of a financing activity
Indicate whether the statement is true or false
Answer the following statements true (T) or false (F)
1. When computing the present value, the interest rate will vary depending on the amount of risk. Riskier investments, such as FDIC-insured bank deposits, command higher interest rates. 2. When computing the present value, the interest rate will vary depending on the amount of risk. Safer investments, such as FDIC-insured bank deposits, yield lower interest rates. 3. Discounted cash flow methods incorporate compound interest by assuming that companies will reinvest future cash flows when they are received. 4. Net present value is defined as the difference between the present value of the investment's net cash inflows and the investment's initial cost. 5. Management's minimum desired rate of return on a capital investment is known as the return on investment.