Which of the following is true about portfolio diversification?
A) It reduces performance stability.
B) It increases dependence on a single product.
C) It allows a business to take advantage of offsetting product life cycles.
D) It restricts a business to a single market.
E) It reduces opportunity for growth.
C
Business
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Which of the following accounts increases with a debit?
A) Cash B) Interest Payable C) Accounts Payable D) Common Stock
Business
Which statement(s) is/are true about subrogation?
I. Subrogation supports the principle of indemnity. II. Subrogation helps to keep insurance premiums lower. (a) I only (b) II only (c) both I and II (d) neither I nor II
Business