Which of the following statements regarding auto insurance is not true?

A) No-fault insurance programs do not hold a specific driver liable for causing an accident.
B) Exaggerated personal injury claims result in additional insurance expenses of about $100 million per year.
C) One reason for high auto insurance premiums is auto insurance fraud.
D) If you drive a car, you need to have auto insurance.


Answer: B

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Review the following diagram. Which answer provides the best interpretation of the multiplicities for the association between the Employees and the Labor Operations classes?

A. At least one production worker and one supervisor must perform labor operations for each production run. B. The association between Labor Operations and Employees will be implemented in the database with a Type Image class. C. An employee may not perform any labor operations. D. Each employee that creates a Material Issue must record at least one Labor Operation.

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The importance to the accounting profession of the Sarbanes-Oxley Act is that

a. bribery will be eliminated b. management will not override the company's internal controls c. management are required to certify their internal control system d. firms will not be exposed to lawsuits

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Compare and contrast the two major types of advertising and give an example of each.

What will be an ideal response?

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The deliberation of the jury takes place in private

a. True b. False

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