The coinsurance provision requires that the insurance company will pay a portion of your financial losses in the event of a catastrophe

Indicate whether this statement is true or false.


Answer: FALSE

Business

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The quality of accounting information that allows a user to compare two or more accounting periods for a single company is known as consistency

a. True b. False Indicate whether the statement is true or false

Business

Describe franchising.

What will be an ideal response?

Business

Price lining is known as the amount of the price that is padded, giving the retailer room to give the customer a discount

Indicate whether the statement is true or false

Business

The Brown Foundation gave a local nonprofit organization a $1 million endowment. This action is an example of what type of revenue source?

A. earned income B. fee for service C. philanthropic gift D. government grant

Business