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Question
A policy for small businesses that do not qualify for a BOP that combines property insurance and commercial general liability insurance is called a
a. personal policy.
b. package policy.
c. health policy.
d. business owners policy.
Answer
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Related questions
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a. True
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Making funds available to cover losses that cannot be eliminated by risk control
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a. True
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A market is best defined as a geographical area that is of commercial interest to the entrepreneur.
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a. True
b. False
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What are the qualifications of partners?
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Liability on the part of an owner that extends beyond the owners investment in the business
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b. accrued expenses.
c. owners' long-term debt.
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a. money borrowed from others, money invested by the owners
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c. accumulated depreciation, asset value
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In order to derive a cash flow statement, the owner must add back the _____ to the income statement.
a. depreciation expense
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a. 2 years
b. 6 months
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d. 12 months