Capital budgeting projects that expand sales are more likely to involve increases in working capital

than are projects that involve the replacement of existing assets.

Indicate whether the statement is true or false

TRUE

Business

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Joanie was injured in an automobile accident. She is now in a coma and expected to die. Under the terms of her individual accidental death and dismemberment (AD&D) policy, which of the following is CORRECT?

A) Her daughter, who is the revocable beneficiary, can change the beneficiary to her father. B) The beneficiary cannot be changed. C) As her next of kin, her spouse can change the beneficiary from himself to their daughter. D) As her next of kin, her spouse would automatically receive the principal sum.

Business

RESPA disclosure is the responsibility of the

A. lender. B. broker. C. escrow holder. D. title insurer.

Business