A cash flow statement uses the equation: assets - liabilities = net worth.

Which one of the following is not a reason for the regulation of insurance?

A) To prevent insurer insolvencies B) To promote social goals C) The unequal knowledge and bargaining power of the parties to the contract D) To stabilize the economy

A unit or department that incurs costs but does not generate revenues is known as a:

A) cost center B) profit center C) revenue center D) None of these answers is correct.