Which of the following topics is not required by the Securities and Exchange Commission to be included in the Management Discussion and Analysis section?

The residual value is discounted as a single lump sum because it will be received only once, when the asset is sold

Indicate whether the statement is true or false

What is required in order for seasonal increase coverage to apply under the BOP?

a. The insured must purchase the coverage by endorsement. b. The limit of insurance must be at least equal 100% of the average personal property values for the previous 12 months. c. Submit average inventory values for the previous three years. d. The BOP does not provide automatic seasonal increase in coverage.