Jose and Maria would like "open-perils" coverage on their home and their personal property. Which unendorsed homeowners form provides this coverage?

A) Homeowners 2
B) Homeowners 3
C) Homeowners 4
D) Homeowners 5


Answer: D

Business

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U.S. GAAP and IFRS provide criteria for distinguishing operating leases from capital leases. Which of the following is/are not true?

a. U.S. GAAP provides fourteen criteria, any one of which qualifies a lease as a capital lease. b. IFRS provides general criteria for identifying the entity enjoying the rewards and incurring the risk. c. Firms cannot currently apply the fair value option to capital leases. d. The FASB and the IASB have undertaken a joint project involving the lessee's accounting for leases which may result in treating all leases as capital leases. e. all of the above

Business

In a meeting to decide which color to paint the new executive offices, Macy feels like time is being wasted. All the colors are fine. She would prefer the beige, but she knows she will be fine with any of the choices. When the group decides to paint the offices taupe, she agrees. It appears Macy is using a(n) ______ conflict management style.

A. avoiding B. accommodating C. collaborating D. negotiating

Business

Measures of capacity utilization include: the number of hours that facilities, labor and equipment are productively employed in revenue operations and the size of the physical facility

Indicate whether the statement is true or false

Business

Silence can never indicate acceptance of an offer

Indicate whether the statement is true or false

Business