To determine if a loss is covered by a property insurance contract, you should look at all of the following except:
A) all applicable exclusions
B) the subrogation clause
C) what property is covered
D) the dollar limitations for recovery
B
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In Southern China, McDonald's is careful not to advertise prices with multiple occurrences of the number 4 because:
A) prices ending in odd numbers are preferred in China. B) there is no number four in the Chinese language. C) the word four is pronounced similar to the word death in Cantonese. D) multiple occurrences are considered as unlucky in China. E) prices are not included on menus in China.
Answer the following statements true (T) or false (F)
1. Our perceptions influence how we choose to interact with others. 2. Focusing on something so hard that we become blinded to unexpected events that happen is called inattentional blindness. 3. According to selective exposure theory, people prefer messages that support experts’ opinions on a subject matter. 4. The term filter bubble refers to the process of online sites pushing content on our social media sites based on our passed online behavior and thus, isolating us from information that disagrees with our views. 5. George Kelly's (1955) construct theory says that interpersonal constructs are bipolar dimensions of judgment used to size up people or social situations.
If an auditee is not considered low-risk, what percent of federal funds expended are auditors required to express an opinion on?
A. 25%. B. 70%. C. 50%. D. 100%.
In pricing out a new variable, the worth or value of resources consumed is typically measured by:
A) reduced costs B) the 100% rule C) shadow prices D) slack values E) surplus values