________ costs require the payment of a specified amount in each accounting period

A) Operating
B) Variable
C) Semi-variable
D) Fixed

D

Business

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An insurable interest may be found in which of the following?

A) An employee in the life of another employee of the same company B) A partner in the life of a former partner C) A shareholder in the life of another shareholder of the same corporation D) An employer in the life of a key employee"

Business

The fundamental reason for the existence of a business is to create value

Indicate whether the statement is true or false

Business