Historical comparisons are most appropriate during periods of recession or economic boom.
Answer the following statement true (T) or false (F)
False
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Which of the following would not be a contractual restriction to the cash available to pay current obligations?
A) Sinking fund B) Certificate of Deposit C) Postdated checks D) Negotiable instruments
Any organization with a health maintenance organization plan should do a ______ to learn if any savings may be recouped from the HMO due to fewer than anticipated doctor visits.
A. employment analysis B. use analysis C. consumption analysis D. utilization analysis
Suzette was a financial planner with ABC Financial. Suzette decided to do some financial planning on the side in the evenings and on weekends for a competitor of ABC Financial. ABC Financial is unaware of Suzette's after-hour work. Which statement is correct?
a. Suzette has not breached a fiduciary duty to ABC Financial since her consulting is done after her work for ABC Financial. b. Suzette has not breached a fiduciary duty to ABC Financial since her behavior does not reflect badly on the finance firm. c. Suzette has not breached a fiduciary duty to ABC Financial since Suzette has a contractual relationship with her clients, not her employer. d. Suzette has breached a fiduciary duty to ABC Financial since she is competing with ABC Financial.
Which of the following is not a risk handling technique?
A) Loss control B) Loss diversification C) Loss transfer D) Loss financing