1. When calculating the payback period method for the acquisition of equipment, the most critical assumption is:
a) useful life.
b) volume of usage.
c) interest rate.
d) All of these are correct.
2. True or False? Predetermined per-person payment received generally consists of an amount received at the agreed-upon rate and is typically a per-person count at a particular point in time.
True
False
3. True or False? Enhanced data analytics and related data sharing may negatively affect claims and benefit management.
True
False
4. True or False? When the result of operations is in a comparative format that presents more than one period of time (such as "for the year ended December 31, 2017" and "for the year ended December 31, 2018), the most current period should appear on the statement in the right column.
True
False