Which of the following statements regarding terrorism insurance is (are) true? I. There is a federal backstop if terrorism claims are catastrophic. II. Private insurers market terrorism insurance
A) I only
B) II only
C) both I and II
D) neither I nor II
Answer: C
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Which of the following is true regarding the process capability index Cpk?
A) A Cpk index value of 1 is the highest possible. B) The larger the Cpk, the more units meet specifications. C) The Cpk index can only be used when the process centerline is also the specification centerline. D) Positive values of the Cpk index are good; negative values are bad. E) Its value will always be at least as large as the Cp value for the same process.
Saddleback Company paid off $30,000 of its accounts payable in cash. What would be the effects of this transaction on the accounting equation?
A. Assets, $30,000 decrease; liabilities, $30,000 increase. B. Assets, $30,000 decrease; liabilities, $30,000 decrease. C. Assets, $30,000 decrease; equity $30,000 decrease. D. Assets, $30,000 increase; equity, $30,000 increase. E. Liabilities, $30,000 decrease; equity, $30,000 increase.
Which of the following statements is true regarding emotional intelligence?
A. Emotional intelligence is a determinant of successful social functioning only. B. Emotional intelligence is vital as it is always aligned to the organization's values. C. Emotional intelligence can sometimes compensate for a deficit in cognitive intelligence. D. Emotional intelligence focuses exclusively on understanding the emotions of others. E. Emotional intelligence and cognitive intelligence are measures of the same ability.
When measuring your current financial health it is important to create
A) positive net worth. B) a personal balance sheet. C) an income statement. D) positive net income. E) both B and C.