Which one of the following losses is an indirect loss?
A) Damage to a car when a tree falls on it
B) Loss caused by an arsonist who burns down a building to collect insurance proceeds
C) Monetary losses due to the inability to produce and sell goods when a machine is destroyed
D) Monetary losses due to a legal liability claim
C
Business
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The normal balance of an account is the increase side of the account
Indicate whether the statement is true or false
Business
To remain competitive, businesses should not change procedures and policies in response to the economy, customer needs, and new opportunities that arise
Indicate whether the statement is true or false.
Business