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AINS 103 Exam Review Rated 100% Correct!!

AINS103 Practice Questions, AINS 103 Complete Questions And Answers

AINS 103 Exam Review Questions and Answers 100% Correct | Updated 2024

AINS 103 Questions With All Verified Answers Which one of the following best describes real property? Select one: A. Property being shipped to or from others. B. Business personal property that includes furniture, machinery and equipment, and stock/inventory. C. Tangible property that includes land, structures permanently attached to the land, and whatever is growing on the land. D. Vehicles, merchandise, furniture, tools, and similar items. - Correct Ans-C. Tangible property that inc...

AINS 103 Exam Review Questions And Answers In property insurance, the term "property in transit" refers to which one of the following? - Answer-C. Property while being transported by trucks, cars, buses, trains, airplanes, and ships Extra expenses are expenses, in addition to ordinary expenses, that an organization incurs to mitigate the effects of a business interruption. Which one of the following is an example of an extra expense? - Answer-B. Cost to rent temporary office space Rad...

AINS 103 (All Practice Questions from the Course) With Correct Answers.

AINS Ch. 3 Quiz Questions & Answers 2023 During a business interruption, some of the organization's expenses, called continuing expenses, will continue, and other expenses, called noncontinuing expenses, will not continue. Which one of the following is an example of a continuing expense? - ANS-Payroll of key employees In business income insurance, the expenses that an organization would not have incurred if the business interruption had not occurred are called - ANS-Extra expenses Extr...