_____ covers damage to your automobile or damage to other automobiles while ________ covers medical expenses and other costs associated with an accident
a. Collision insurance; liability insurance
b. Liability insurance; life insurance
c. Collision insurance; life insurance
d. Liability insurance; collision insurance
a
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Which of the following controls is not a typical internal control over intangible assets?
a. Procedures to provide reasonable assurance that decisions are appropriately made as to when to capitalize or expense research and development expenditures. b. Development of amortization schedules that reflect the remaining useful life of patents or copyrights associated with the assets. c. Procedures to identify and account for intangible asset impairment. d. All of the above are typical controls for intangible assets.
The time value of money reflects the fact that:
A. spontaneous financing is a particularly important source of financing for small businesses. B. it is best to have money today, so it can be put to work sooner to make even more money. C. a covenant requires the borrower to agree not to borrow any additional funds until the specified length of the current loan. D. long-term investments are more profitable than short-term investments.
The responsibility of transportation is to create both time utility and place utility, which means that products will be delivered at precisely the right time to the desired location
a. True b. False Indicate whether the statement is true or false
Third normal form (3NF) states that a __________ field may not determine another
__________ field. Fill in the blanks with correct word