An earthquake is an example of a(n)
A) moral hazard.
B) peril.
C) physical hazard.
D) objective risk.
Answer: B
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Swap transactions among commercial banks involve the conversion of one currency to another at one point with an agreement to reconvert it back into the original currency at some point in the future.
a. True b. False
Which type of organizational development intervention alters the relationship between the employees and the workplace?
A. quality of work life B. structural C. sociotechnical system design D. task–technology
Raffles Company routinely bids on construction jobs. Raffles first determines the budgeted product cost of the job and then applies a markup of 50%. If a bid of $15,000 is submitted for a new job, which of the following is true?
A) budgeted product cost is $15,000 B) $5,000 is pure profit C) all costs pertaining to the job total $15,000 D) $5,000 includes fixed overhead, selling and administrative expense, and profit E) $5,000 includes selling and administrative expense, and profit
_________is the state in which an organism experiences an inducement or incentive to do something.