​Insurance companies create wealth by

A) ​reducing the amount of risk that risk averse individuals must bear
B) reducing the amount of risk that risk loving individuals must bear
C) increasing the amount of risk that risk averse individuals must bear
D) ​moving an asset from low to high value use

The word "synectics" means ______.

A) exploring synergy across cross functional teams in a public organization
B) providing synergistic co-dependent support structure
C) joining together different and apparently unconnected or irrelevant elements
D) joining together similar ideas and connecting the dots to find a useful solution

When the actual cost of direct materials used exceeds the standard cost, the company must have experienced an unfavorable direct materials price variance.