To determine if a peril is covered under an all-risk policy, you have to read the list of covered perils.

Currently, the organization with the primary responsibility for formulating U.S. generally accepted accounting principles is the:

A) Financial Accounting Standards Board B) Internal Revenue Service C) Securities and Exchange Commission D) American Institute of Certified Public Accountants E) None of the above

Allison is considered part of the "luxury is functional' group. Given this information, describe Allison's attitude about luxury and how she spends her money

What will be an ideal response?