Author Question: Pro forma financial statements are an accountant's way of looking back to see what might have been. ... (Read 42 times)

lb_gilbert

  • Hero Member
  • *****
  • Posts: 588
Pro forma financial statements are an accountant's way of looking back to see what might have been.
 
  Indicate whether the statement is true or false

Question 2

Which of the following statements concerning the coverage of collapse of the dwelling under an unendorsed Homeowners 3 policy is true?
 
  A) There is no coverage for collapse, regardless of the cause of the collapse.
  B) Collapse is covered if it is caused by one of the Coverage C perils.
  C) If collapse is caused by an earthquake, the loss is covered.
  D) There is no coverage for collapse unless the proper endorsement is added to the policy.



Silverbeard98

  • Sr. Member
  • ****
  • Posts: 355
Answer to Question 1

FALSE

Answer to Question 2

Answer: B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

For a complete list of videos, visit our video library