Any person can take out a life insurance policy on the life of another person

Indicate whether the statement is true or false


FALSE

Business

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Answer the following statements true (T) or false (F)

1. Companies evaluate investment centers using the same measures as the profit centers 2. Operating income alone does not indicate how efficiently a segment is using its assets. 3. Investment center managers are responsible for generating profits and making the best use of the investment center's assets. 4. To adequately evaluate an investment center's financial performance, summary performance measures should include both the division's operating income and its assets. 5. Net income is used in the numerator of the return on investment formula.

Business

Eagleson Company's quality cost report is to be based on the following data:    Net cost of scrap$75,000Liability arising from defective products$32,000Warranty repairs and replacements$80,000Re-entering data because of keying errors$75,000Supplies used in testing and inspection$18,000Quality data gathering, analysis, and reporting$62,000Final product testing and inspection$21,000Test and inspection of in-process goods$44,000Systems development$45,000? ?What would be the total internal failure cost appearing on the quality cost report?

A. $96,000 B. $150,000 C. $107,000 D. $155,000

Business

Christopher invests $400 today at a 4% rate of return which is compounded annually. What is the future value of this investment after four years?

A) $342 B) $416 C) $464 D) $468

Business

_____________ is increasingly being suggested as being more important than ____________.

a. Ability to relate to others; intelligence b. Consideration for people; focus on the task c. Cognitive ability; social skills d. Cultural knowledge; task skills.

Business