The fact that insurance companies charge young males higher automobile insurance premiums than young females is an example of
A) risk-based premiums.
B) an attempt to minimize adverse selection.
C) coinsurance.
D) all of the above.
E) only A and B of the above.
E
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Businesses commonly use cash registers with tapes that accumulate a record of the day's cash receipts
Indicate whether the statement is true or false
Which of the following statements is true of an admission-seeking interview?
a. There must be physical barriers preventing the target from leaving. b. Private investigators must give Miranda Warnings before this interview. c. Attorneys should be present and be allowed to ask questions or object. d. The interviewer should attempt to interrupt any denial.
Answer the following statements true (T) or false (F)
SFAC No. 1 maintains that financial statements should be geared toward specific needs of particular user groups.
Alvez reports net income of $310,000 for the year ended December 31. It also reports $96,300 depreciation expense and a $10,300 loss on the sale of equipment. Its comparative balance sheet reveals a $41,400 increase in accounts receivable, a $10,500 decrease in prepaid expenses, a $15,700 increase in accounts payable, a $12,900 decrease in wages payable, a $77,200 increase in equipment, and a $103,000 decrease in notes payable. Calculate the net increase in cash for the year.
A. $285,500. B. $208,300. C. $388,500. D. $311,300. E. $218,600.