Sudley Shoppe had severe damage done to its Christmas inventory due to an escaped circus elephant rampaging through the store. The inventory loss was $80,000 before applicable taxes of $20,000. How should Sudley Shoppe report the loss?

Which of the following statements pertaining to limited-pay life policies is CORRECT?

A) Insurance protection exists only during the time premiums are actually paid. B) The total premium cost for a single premium life policy is more than the total premium cost for a policy with premiums spread over a period of years. C) A limited-pay life policyowner pays premiums of variable amounts during the life of the policy. D) Both limited-pay life and whole life policies endow at age 100."

Public relations practitioners define a public as a ________

A) key audience segment in an advertising campaign B) group of people who shop for products based on brand recognition C) media organization responsible for distributing messages D) group that affect an organization and is affected by the organization's activities E) measurement of audience response to a promotional message