Several Different Values Can Be Considered When Determining How Much

question 7

Multiple Choice

Several different values can be considered when determining how much insurance should be carried on a dwelling (the Coverage A limit of the Homeowners 3 policy) .The appropriate value that should be used is:

• A)the home's market value.
• B)the home's actual cash value.
• C)the home's appraised value for property tax purposes.
• D)the home's replacement cost.

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Definitions:

Kanban System

A workflow management method originating from Japan, designed to help visualize work, maximize efficiency, and improve agility by using cards to signal the need to move materials or perform tasks.

Customer Workstation

A designated area or terminal where customers can perform tasks or access services, often in a retail or office setting.

Kanbans

A scheduling system for lean manufacturing and just-in-time manufacturing that signals the need to move materials within a production facility.