A conflict of interest occurs when you are in a position to influence a decision:
A) That will make a change in the company
B) From which you could benefit directly or indirectly
C) That others do not agree with
D) All of the above
E) None of the above
B
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Which of the following is not true about the graph of a mixed cost?
a. It is possible to determine the amount of the fixed cost from the graph. b. There is a total cost line on the graph. c. The fixed cost portion of the graph is the same amount at all levels of activity. d. The variable cost portion of the graph is rectangular in shape.
Which of the following statements is true of umbrella insurance?
A) It cannot be used for liability coverage. B) It does not require the insured to have already purchased insurance policies. C) It cannot be used with other insurance policies. D) It is only paid if the limits on other insurance policies have been exceeded.