To estimate potential property losses, risk managers must know:
A) the accounting book value of property
B) the replacement cost of property
C) the actual cash value of property
D) the original purchase price of property
B
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The Dinho Corporation identified the following data when preparing their April bank reconciliation: Bank statement balance $45,000 Dinho's book balance (before adjustments) ? Outstanding checks 4,500 NSF checks 1,400 Service charges 300 Deposits in transit 5,000 Interest earned on checking account 25 In addition, Dinho incorrectly recorded a deposit in its books in the amount of $1,000 . The
correct amount was recorded by the bank as $1,200. What is the net amount of the adjustment to Dinho's cash balance as a result of the bank reconciliation? a. $1,675 increase b. $1,700 increase c. $1,675 decrease d. $1,475 decrease
Which of the following pricing tactics applies to products that are used together when one of the products is a consumable that must be replenished continually?
A) price bundling B) congestion pricing C) complementary pricing D) second market discounting
Behavioral targeting is a marketing strategy used exclusively on the Internet
Indicate whether the statement is true or false
If actual direct labor hours (DLHs) are less than standard direct labor hours allowed and overhead is applied on a DLH basis, a(n)
a. favorable variable overhead spending variance exists. b. favorable variable overhead efficiency variance exists. c. favorable volume variance exists. d. unfavorable volume variance exists.