Which of the following is true regarding substance abuse screening?
A) All employers are required by federal law to test employees for illegal drugs.
B) Hair follicle tests provide less detailed information than urine samples.
C) Urine sample tests cannot indicate habituation level.
D) Urine sample tests calculate degree of impairment.
Answer: C
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The fact that an insurance contract promises to pay benefits contingent on a future uncertainty (such as death or illness) makes it what type of contract?
A) Conditional B) Aleatory C) Estoppel D) Adhesion"
Jaycee Auto Repair has the following budgeted costs for the next year:
Time Charges Material Charges Shop employees' wages and benefits $120,000 $- Parts manager's salary and benefits - 45,000 Office employee's salary and benefits 30,000 15,000 Other overhead 15,000 40,000 Invoice cost of parts and materials - 400,000 Total budgeted costs $165,000 $500,000 Jaycee Auto Repair budgets 7,500 hours of repair time and it desires a profit margin of $25 per hour of labor. A markup on material cost is assumed to be 40%. Jaycee estimates that the repairs to a Cadillac Escalade damaged in an accident will take 45 hours of labor and $3,500 in parts and materials. The total cost of the repairs is a) $7,015. b) $5,890. c) $5,775. d) $7,890.