The amount of an insurance policy premium may depend upon the risk involved

Indicate whether the statement is true or false


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Business

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________ refers to a set of distinguishing human psychological traits that lead to relatively consistent and enduring responses to environmental stimuli

A) Image B) Personality C) Psychological transformation D) Lifestyle E) Acculturation

Business

For merchandising firms, inventory items are valued at acquisition cost which includes

a. invoice price less any cash discounts taken for prompt payment. b. cost of transporting, receiving, unpacking, inspecting, and shelving. c. costs to record the purchases in the accounts. d. all of the above e. none of the above

Business

Total expenses reported on the income statement are $45,000, while revenues for the same period are $46,000 . Which statement below is correct?

a. There is a net income of $46,000. b. There is a net income of $1,000. c. There is no net income or loss. d. There is a net loss of $1,000. e. There is a net loss of $45,000.

Business

The following are ways of coping with culture shock EXCEPT

A. Keep a journal. B. Create a stability zone. C. Keep expectations high. D. Engage in regular exercise. E. Practice meditation.

Business