Under the terms of Jenny's auto insurance policy, she must pay the first $500 of any physical damage loss to her vehicle before her insurer will pay anything. What type of deductible is included in Jenny's auto insurance policy?

A) calendar-year deductible
B) waiting period
C) straight deductible
D) aggregate deductible

Answer: C

Business

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Preparing balance sheets, income statements, and other statements and reports is an example of __________.

Fill in the blank(s) with the appropriate word(s).

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________ can be used to check whether simultaneous changes in RHS or OFC values can be analyzed by using the current sensitivity report

A) 100% rule B) Pricing out C) Trial-and-error D) Graphing E) none of the above

Business