Insurers obtain data that can be used to determine rates from
A) pricing pools.
B) insurance advisory organizations.
C) banks.
D) reciprocal exchanges.
Answer: B
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Which statement is not a policy included in Thomas Friedman's Golden Straitjacket, the policies that a country should follow for itself if it "opts for prosperity"?
A. Restricting imports B. Privatizing state-owned industries and utilities C. Getting rid of quotas and domestic monopolies D. Opening industries, stock, and bond markets to direct foreign ownership and investment E. All of the answers are correct. F. None of the answers are correct.
Using the original design, a machine requires 12 hours of setup time. By redesigning the machine, the setup time is reduced by 25 percent. The cost per setup hour is $225. Calculate the reduction in nonvalue-added cost per setup
A) $675 per setup B) $225 per setup C) $450 per setup D) $800 per setup E) $2,025
Qvoware, Inc. sells cosmetic products in the United States. Which one of the following is most likely to be a cost center for Qvoware?
A) a Qvoware retail store in Dallas B) the Qvoware human resource department C) a Qvoware kiosk at a mall for selling its products D) the Qvoware product lines
When preparing the report to analyze a proposed quality improvement program, which of the following are included in the costs to continue without the quality improvement program?
A) prevention and appraisal B) prevention and internal failure C) internal and external failure D) appraisal and external failure