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Business Interruption – Lesson 5 Quiz

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  1. Question 1 of 10
    1. Question

    The basic purpose of business interruption insurance is to

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  2. Question 2 of 10
    2. Question

    Operating cost expenses are defined as expenses that

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  3. Question 3 of 10
    3. Question

    In accounting, the difference between total net sales and the cost of goods sold is

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  4. Question 4 of 10
    4. Question

    Which of the following would NOT be a factor in the down time following an insured loss at a manufacturing plant? The length of time required for

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  5. Question 5 of 10
    5. Question

    A Gross Earnings form is best suited to a business that will

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  6. Question 6 of 10
    6. Question

    Under the Profits Form, the coverage

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  7. Question 7 of 10
    7. Question

    Extra Expense insurance

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  8. Question 8 of 10
    8. Question

    Management salaries, and business and realty taxes, are common examples of

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  9. Question 9 of 10
    9. Question

    When a business is shut down due to a direct loss it may be concerned that its highly technical and knowledgeable employees will find employment elsewhere, perhaps with a competitor. To avoid this situation, a company may continue to pay the employee’s wages until the business resumes operation. This is one example of a(n)

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  10. Question 10 of 10
    10. Question

    Semi-variable expenses are defined as expenses that

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Melanie is delighted to be recognised as  the Insurance Institute  Instructor of the Year 2018 in recognition for outstanding performance and dedicated service.

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