Which of the following is not an available endorsement to the HO policy?
A) Professional Liability Coverage Endorsement
B) Home Day Care Coverage Endorsement
C) Business Pursuits Endorsement
D) Scheduled Personal Property Endorsement
A
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One company's practice is to provide bonuses to salespeople who exceed their sales targets. Which of the following advantages of budgeting enables the company to establish its recognition program?
A. Coordination B. Performance measurement C. Planning D. Corrective action
Global income includes income from all sources
Indicate whether the statement is true or false.
An income statement account that is used to record cash overages and cash shortages arising from petty cash transactions or from errors in making change is titled:
A. Cash Lost. B. Cash Receivable. C. Bank Reconciliation. D. Petty Cash. E. Cash Over and Short.
Common examples of financial intermediaries include all of the following EXCEPT
A) Pension Funds. B) Mutual Funds. C) Life Insurance Companies. D) Venture Capital Firms.