Extended-coverage homeowners title insurance adds which element to the coverage of the standard policy?

A. Forgery
B. Unknown spousal interests
C. Lack of capacity
D. Water rights

Answer: D. Water rights

Business

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Confirmations would normally be most likely used as a type of audit evidence in connection with which of the following?

A) Goodwill. B) Deferred Taxes. C) Machinery and Equipment. D) Accounts Receivable.

Business

In bivariate regression, which statement is true concerning the coefficient of determination, r2?

A) r2 is the square of the simple correlation coefficient obtained by correlating the two variables. B) r2 varies between 0 and 1. C) r2 signifies the proportion of the total variation in Y accounted for by the variation in X. D) All are correct.

Business