Refer to Fare Jewelry. How much revenue should Fare recognize for 2017 on this transaction?

A) $0
B) $125,000
C) $200,000
D) $500,000

Answer: B

Business

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If an employer pays the entire premium for a group life insurance policy, the policy must insure what percentage of eligible employees?

A) At least 40% B) 1 C) At least 75% D) At least 50%

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Which of the following is the goal of the Caribbean Single Market and Economy?

A. To remove all trade barriers between member nations in practice B. To establish a political union C. To adopt a common currency D. To harmonize macroeconomic and monetary policy between member-states E. To establish an economic union

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