What is a premium? The amount you pay to buy an insurance policy. A specified amount of money that the insured must pay before an insurance company will pay a claim. An arrangement by which a company provides a guarantee of compensation for a specified loss. Measures that are taken for disease prevention.

Putting strategic plans into effect is referred to as __ strategy implementation tactical strategy strategic control strategy formulation

Multiple Select Question Select all that apply What are three advantages of limited liability companies? D No stock Flexible ownership rules D Choice of taxation D Limited liability

Multiple Cholce Question Return on equity is net income minus takes divided by __ common stock outstanding total owners' equity current liabilities net sales

What type of tax is used as income by retired people and people with disabilities? Select a response. Income tax State and local taxes Social Security Property tax

Liabilities are the amounts of money due to others that need to be paid now. False True

3. The production possibilities frontier represents: A. The limit of an economy's production capabilities. B. Full employment. C. The resources available for producing goods and services. D. All of the above.

Word of mouth is not a good tool for marketing your services. True False Submit

Multiple Choice All of these statements about the Waiver of Premium provision are correct, EXCEPT: A. Waiver of Premium is available on both permanent and term insurance policies B. Insured must be totally disabled to qualify C. A waiting period must pass before becoming eligible for benefits D. Insured must be eligible for Social Security disability for claim to be accepted

What are some good topics on which to focus any questions you might want to ask at your interview? Would I be able to leave early on Wednesdays How many employees dogs your company have? When would I receive my first paycheck? Will there be opportunities for training?

Hot Questions

How can you use the total revenue test to determine elasticity? You know a product is elastic if the price decreases as the total revenue goes down. You know a product is inelastic if the price increases as the total revenue goes down. You know a product is inelastic if the price decreases as the total revenue goes up. You know a product is elastic if the price increases as the total revenue goes down.

Collins believes that business and ethics are contradictory. Good ethics is antithetical with good management True False

Which of the following rating errors occurs when a manager gives low ratings to all employees by holding them to an unreasonably high standard? A severity error A halo error A leniency error A horns error

Which of the principles of AICPA Code of Conduct is most related artilce 5 of the California Accountancy Act? Responsibilities Due care The public interest Objectivity and independence Integrity Scope and nature of services

Multiple Select Question Select all that apply What are examples of economic factors that can help or hinder business? Taxation Contract enforcement Competition

Find the balance of a savings plan after 36 months assuming an APR of $10\% $ (compounded monthly) and monthly deposits of $\$ 105.$ $\$ 4,387.09$ $\$ 4,297.26$ $\$ 4,413.90$ $\$ 4,256.88$ None of the above.

Which is the better buy? 6-pack of envelopes for $\$ 0.36$ 9-pack of envelopes for $\$ 1.08$

Ten years after purchasing $\$ 8,000$ worth of shares in a mutual fund, you sell the shares for $\$ 6,850$ (at a loss). Find the annual return (to the nearest hundredth of a percent) on your investment. $-1.44\% \% $ $-1.54\% \% $ $-1.24\% \% $ $-1.89\% \% $ None of the above.

After all postings have been made the totals of the balances in the accounts receivable subsidiary ledger should equal the balance of the Accounts Receivable account in the general ledger. True or False True False

Which management approach was the first major approach to focus on informal work relationships and employee salisfaction? Bureaucracy Administrative management Scientific management Human relations