Author Question: All of the following are characteristics of inland marine floater policies EXCEPT A) Coverage can ... (Read 76 times)

genevieve1028 · **on:** Jul 11, 2018

All of the following are characteristics of inland marine floater policies EXCEPT

A) Coverage can be specifically tailored to the specific type of personal property insured.
B) Coverage applies only when the property is at a specified location, such as the insured's home.
C) The amount of insurance can be selected by the purchaser.
D) Broader coverage can be obtained through an inland marine floater policy.

Question 2

Which of the following choices would NOT be considered a cash outflow?

A) operational expenses
B) anticipated sales
C) selling, general, and administrative expenses
D) capital expenditures