Which of the following statements about buying homeowners insurance is true?

A) There is no reason to carry insurance for more than 80 percent of a dwelling's replacement cost.
B) The deduction for depreciation will be increased if a personal property replacement cost endorsement is purchased.
C) Premiums often can be reduced substantially by selecting a higher deductible.
D) There is little reason to compare cost since the lack of competition results in little price variation among companies.

Answer: C

Business

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Seedem Manufacturing was approached by the international seed firm, Planting Concepts, to request a one-time-only special order for a product similar to the domestic product produced at Seedem Manufacturing, which has excess capacity

The managerial accountant reported the following data, per unit, that is charged to regular clients: Variable costs Direct materials $85 Direct labor 42 Manufacturing support 72 Marketing costs 32 Fixed costs Manufacturing support 92 Marketing costs 31 Total cost Markup (50%) Targeted Selling Price Required: Compute the full cost of the product, the contribution margin per unit, and the minimum acceptable price for the one-time-only special order. What will be an ideal response?

Business

The ethical principal of nonmaleficence states that one has an obligation to ________

A) remove all identifying information from the survey or questionnaire B) complete the research project within the agreed upon time frame C) remove existing harms, to confer benefits, and to minimize risks wherever and whenever possible D) avoid intentionally inflicting harm on others E) conduct the research within within the budget

Business