The use of excessive quantities of material in manufacturing a product causes an unfavorable materials quantity variance

Indicate whether the statement is true or false.

TRUE

Business

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A policy that covers one specific type of life-threatening or serious condition is known by all of the following names EXCEPT

A) critical illness plan B) dread disease policy C) specified disease policy D) obscure disease policy

Business

RVP Inc. realizes a net profit of $230 million and the owner's equity amounts to $750 million. Calculate the return on equity for the company

A) 16.5% B) 30.7% C) 7.5% D) 75% E) 23.2%

Business