________ is the absence of knowledge of the outcome of an event before it happens

A) Return
B) Diversification
C) Uncertainty
D) Certainty

Answer: C

Business

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Which of the following statements pertaining to recurrent disabilities and disability income insurance is NOT correct?

A) A recurrent disability is one that the insured experiences more than once. B) A recurrent disability that falls outside of a specific time period may trigger a new elimination period. C) A second period of disability within a certain time frame will provide benefits immediately. D) A recurrent disability policy provision would have no effect on the payment of benefits.

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Which of the following is NOT a typical responsibility for an associate/staff level auditor?

A) Assisting in the development of the audit plan. B) Performing the audit procedures assigned to them. C) Preparing adequate and appropriate documentation of completed work. D) Informing the senior about any auditing or accounting problems encountered.

Business