Author Question: In constructing a pro forma balance sheet, which of the following fills the role of being the plug ... (Read 82 times)

yoroshambo

  • Hero Member
  • *****
  • Posts: 566
In constructing a pro forma balance sheet, which of the following fills the role of being the plug figure to balance the balance sheet?
 
  A) external financing
  B) the change in retained earnings
  C) accounts payable
  D) accounts receivable

Question 2

Gail lives near a fault line. She added an earthquake endorsement to her Homeowners 3 policy. All of the following statements about the endorsement are true EXCEPT
 
  A) The deductible is expressed as a percentage of the coverage limit rather than as a dollar amount.
  B) The endorsement also covers landslides and volcanic eruptions.
  C) Aftershocks occurring within 72 hours of an earthquake are considered part of the same occurrence.
  D) The endorsement also covers flood losses.



Kimmy

  • Sr. Member
  • ****
  • Posts: 342
Answer to Question 1

A

Answer to Question 2

Answer: D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

For a complete list of videos, visit our video library