All of the Following Are Programs to Insure Fundamental Risks

question 53

Multiple Choice

All of the following are programs to insure fundamental risks EXCEPT

• A) federally subsidized flood insurance.
• B) auto physical damage insurance.
• C) Social Security.
• D) unemployment insurance.

Determine the issue price and selling price of financial instruments using simple interest calculations.

Understand the impact of changing interest rates on loans and investments.

Calculate the true rate of return on investments sold before maturity.

Evaluate the financial outcome of different investment or loan strategies under various simple interest scenarios.

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Definitions:

Released

Released refers to products, news, or information that has been made available to the public or a specific audience.

Net Operating Income

The earnings derived from a company's day-to-day operations, after subtracting all operational expenses except interest and taxes.

Absorption Costing

An accounting method that includes all manufacturing costs (both fixed and variable) in the cost of a product.

Contribution Margin

The profit remaining after variable costs have been subtracted from revenue, indicating how much contributes to covering fixed costs and generating profit.