Eve's Apples Opened Its Business on January 1, 2018, and Paid

question 94

Multiple Choice

Eve's Apples opened its business on January 1, 2018, and paid for two insurance policies effective that date. The liability policy was $36,000 for 18 months, and the crop damage policy was $12,000 for a two-year term. What is the balance in Eve's prepaid insurance as of December 31, 2018?

• A) $9,000.
• B) $18,000.
• C) $30,000.
• D) $48,000.

Realize how technological advancement and intrapreneurship serve as forces for change.

Understand the significance of addressing resistance to change proactively.

Identify mechanisms to enhance job satisfaction and quality of work life.

Differentiate between the roles of organizational structures in coordinating work activities.