A secured creditor's claim has priority to the debtor's property over the claim of an unsecured

creditor.

Indicate whether the statement is true or false

TRUE

Business

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The accounts of Delphinia Dreams, Inc showed the following balances at the beginning of October

Account Debit Raw Materials Inventory $31,000 Work-in-Process Inventory 44,000 Finished Goods Inventory 54,000 Manufacturing Overhead 20,000 During the month, direct materials amounting to $21,000 and indirect materials amounting to $6,000 were issued to production. What is the ending balance in the Work-in-Process Inventory account following these two transactions? A) $44,000 B) $65,000 C) $10,000 D) $26,000

Business

Which of the following is NOT a common health insurance exclusion?

A) Cosmetic surgery to reduce wrinkles B) Plastic surgery to repair scar tissue C) Treatment for burns sustained while the insured was committing arson D) Medical care after the insured breaks her arm while at work

Business