Which of the following statements about the Homeowners 6 (unit-owners form) policy is true?
A) It includes personal liability coverage.
B) It covers personal property on an open-perils basis.
C) It covers the dwelling on an open-perils basis.
D) It is designed for tenants who rent an apartment or a home.
Answer: A
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A local university offers business courses for a target market of people who currently work and want to take refresher courses for certification in their business field (marketing, accounting, etc.). Which of the following would be the most effective way to communicate with the target market, bearing in mind that communication must be both effective and economical?
A. distribute promotional materials during classes B. advertise on national television C. advertise in the local newspaper D. put announcements on campus bulletin boards E. advertise on local hip-hop radio shows
Which of the following is a disadvantage of using too many short sentences?
A) Short sentences can lack punch. B) Short sentences can lack informative power. C) Short sentences are harder to understand. D) Short sentences are harder to skim for key points. E) Short sentences make writing feel disconnected.
Examples of functional accounts include taxes, supplies, and wages.
Answer the following statement true (T) or false (F)
Which of the following accounts would be closed at the end of the accounting period with a debit?
A. Operating Expenses. B. Sales. C. Sales Returns and Allowances. D. Sales Discounts. E. Cost of Goods Sold.