Green Leaf Company had the following information available on December 31: Management applies the LCM rule on the basis of individual inventory items. What is the write-down required?

Which of the following variances is a hospital manager most likely to be held accountable for?

a. Labor variance b. Supplies variance c. Volume variance

All of the following statements about long-term care insurance are true EXCEPT

A) Premiums can be reduced by electing shorter elimination periods. B) A common benefits trigger is the inability to perform a certain number of activities of daily living. C) Protection against inflation is usually made available as an optional benefit. D) Policies currently sold are guaranteed renewable.