In a large organization, WEP rekeying is inexpensive

Indicate whether the statement is true or false.


Answer: FALSE

Business

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Entries requiring more than one debit and/or more than one credit are called

a. compound entries; b. dual entries; c. combination entries; d. double entries; e. complex entries

Business

"Being all you can be" is what Abraham Maslow would likely describe as fulfilling the ________ need

A) self-actualization B) self-esteem C) safety D) physiological

Business

Following are the results of the capital structure analysis SoCal Irrigation just completed:                     Proportion       Stock Price       Earnings per                     of Debt         (per share)        Share (EPS)                            20%             $44.50                  $1.20                        40                  45.15                    1.26                        60                  45.20                    1.22                        80                  44.95                    1.18 According to this information, what is SoCal's optimal capital structure?

A. 20% B. 40% C. 60% D. 80% E. To determine the optimal capital structure, the market value of the stock must be known.

Business

All of the following statements about individual disability income policies are true EXCEPT

A) Premiums are often waived while a person is disabled but must be resumed if the insured recovers. B) At the time of purchase, the insured can choose the length of the benefit period from among several available options. C) In order to encourage rehabilitation, benefits may be continued during periods of vocational training. D) Most disability income insurance policies contain an elimination period of 10 or fewer days.

Business