In general, it costs ________ times more to replace a customer than it costs to keep a customer

A) two
B) three
C) four
D) five
E) six


D

Business

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Strong corporate and brand names can enhance businesses during good times and protect them during a crisis or when a problem occurs

Indicate whether the statement is true or false

Business

Which of the following pairs of accounts could not appear in the same adjusting entry?

A) Service Revenue and Unearned Revenue B) Interest Income and Interest Expense C) Rent Expense and Prepaid Rent D) Salaries Payable and Salaries Expense

Business

LMN Insurance sells homeowners insurance. The LMN homeowners policy combines property and casualty insurance in the same contract. Insurance policies combining property and casualty coverage in the same contract are called

A) mono-line policies. B) multi-year policies. C) multiple-line policies. D) manuscript policies.

Business

Pro-rata reinsurance coverage may be either facultative or treaty

Indicate whether the statement is true or false

Business