Which of the following is not a characteristic of group insurance provided by an employer?
A) Many persons are covered under one contract.
B) Volume discount results in a lower cost for the coverage.
C) Evidence of insurability usually is not required.
D) Employers cannot require employees to share in the cost.
D
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Which of the following is an example of an authorization control procedure?
a. Password protection b. Periodic job rotation c. Cash checks d. Supervisor review
Article 2 of the UCC applies to sales contracts for the sale of intangible goods
Indicate whether the statement is true or false
The firm's cost of preferred stock is ________. (See Table 9.1 )
A) 7.2 percent B) 8.3 percent C) 13.3 percent D) 13.9 percent
To effectively implement total quality management, managers should
A. ask employees for suggestions about improvements. B. stockpile inventory to avoid manufacturing delays. C. demand that employees achieve quality goals without added incentives. D. focus on the cost of the quality program. E. minimize interactions across departments to increase functional focus.