At Boss Motorcar Company, workers are grouped into teams. Each team is responsible for assembling an entire automobile. Boss gives the teams freedom and flexibility to decide for themselves how to divide up the work. The company keeps the workers informed about how their cars are selling, and even shows them the comments customers make about quality and performance on customer satisfaction questionnaires. Boss Motorcar Company is using a strategy of:

What is the insurer's consideration or exchange of value regarding an insurance policy?

A) To sign endorsements or modifications to the policy. B) To make representations on the application. C) To pay death benefits to the beneficiary when the insured dies. D) To pay premiums in whole or within the grace period.

On July 1, Year 1, Walters Corporation purchased as a short-term investment a $2 million face amount Kempff 6% bond for $1,800,000 plus accrued interest to yield 8%. The bonds mature on January 1, Year 11, and pay interest annually on January 1. On December 31, Year 5, the bonds had a fair value of $1,850,000. On March 1, Year 6, Walters sold the bond for $1,820,000 At what amount should Walters

report the bond in its December 31, Year 5 balance sheet if it is classified as an available for sale security? A) $1,800,000 B) $1,820,000 C) $1,850,000 D) $2,000,000