Which of the following is a primary reason that insurance consumers are not well-informed?
A) Insurers have not made much effort to inform consumers.
B) The rewards of making informed decisions are not worth the cost of obtaining the needed information.
C) State insurance regulators do not provide the needed information.
D) Insurance prices are so low that most consumers do not care to be informed.
A
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Blackbird, Incorporated reports the following information regarding its production cost:Units produced39,000 unitsDirect labor$13 per unitDirect materials$17 per unitVariable overhead$200 per unitFixed overhead$9,750,000 in totala. Compute production cost per unit under variable costing.b. Compute production cost per unit under absorption costing.
What will be an ideal response?
Used Car Lot's salesperson Vic offers to sell Will, who is twenty years of age, a car about which Vic intentionally misrepresents its past use and repairs. In reliance on the misrepresentations, Will buys the car. To prove fraud in this transaction, Will does not have to show that A) ?Vic intentionally deceived Will
B) Vic misrepresented several material facts. C) Will is under twenty-one years of age. D) Will justifiably relied on Vic's misrepresentations.
In order for an employee to deduct home office expenses, which of the following must occur:
A. The business use of the home must be specifically for trade or business purposes. B. There must be no other fixed business location. C. The home office deduction for an employee is not deductible D. The taxpayer's most important activities must occur in the home.
The weight of a candy bar in ounces is an example of
a. categorical data. b. either categorical or quantitative data. c. weight data. d. quantitative data.