Which of the following statements about buying homeowners insurance is true?
A) There is no reason to carry insurance for more than 80 percent of a dwelling's replacement cost.
B) The deduction for depreciation will be increased if a personal property replacement cost endorsement is purchased.
C) Premiums often can be reduced substantially by selecting a higher deductible.
D) There is little reason to compare cost since the lack of competition results in little price variation among companies.
Answer: C
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Which of the following is considered to be a transaction control?
a. Controls to monitor other controls. b. Policies that address significant business control practices. c. Centralized processing controls. d. Physical controls to safeguard assets.
A(n) ________ is a new product that copies, with slight modification, the design of an original product
A) augmented product B) discontinuous innovation C) dynamically continuous innovation D) continuous innovation E) knockoff
A ____ stores configuration records throughout their lifecycle.
A. knowledge management system B. configuration management system C. configuration management database D. knowledge database
Premier Enterprises sold Watson unregistered stock which was not exempt. The 1933 Act imposes liability on Premier, and Watson can demand rescission if he still owns the stock.
Answer the following statement true (T) or false (F)