Jill Hawthorne drives into Margaret Townsend's automobile, injuring Margaret and her husband Dwight, a passenger in Margaret's car. Jill has 30/50/10 liability coverage. Margaret is awarded $32,000 for personal bodily injuries. Dwight is awarded $23,000 . It will cost $12,000 to repair Margaret's car. How much will Jill's insurance company pay for this accident?
a. $33,000
b. $67,000
c. $53,000
d. $60,000
d
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What type of data is found in the general ledger master file?
a. a chronological record of all transactions b. the balance of each account in the chart of accounts c. budget records for each account in the chart of accounts d. subsidiary details supporting a control account
Stage Technologies is a London-based company that supplies engineering solutions for the entertainment industry. It has helped the boy-band Westlife make a flying entrance onto stage and provided stage-rigging packages for the Princess cruise line. The company was established in 1994 after a couple of production designers decided that the automation of theater productions could be done more safely and more efficiently by using modular production rather than the old "build-as-needed" formula. The company installs wenches, stage lifts, and other equipment commonly used in stage productions. The equipment is designed so it can be operated from a single console without heavy lifting. Both opera companies and theaters see the benefit of such a system, but many are reluctant to buy because of
perceived costs.Joseph Harris is the company's best salesperson. Harris is making a sales call on the manager of a theater that is planning to perform three plays this season that include complicated lifting, flying, and a working trapdoor. The manager is aware of the time, labor, and monetary costs involved in staging these productions and wishes there was an easier way to produce the three plays.The theater manager is very concerned about the cost and quality of the Stage Technologies system. Harris should most likely: A. lead into product benefits. B. ignore any further questions. C. highlight more features. D. address the issue. E. close the deal.
CPM stands for:
a. cost per million b. cost per media c. cost per thousand d. cost per minute e. none of the above
If a cost is irrelevant to a decision, the cost could not be
a. a future cost. b. a sunk cost. c. an incremental cost. d. a variable cost.