What type of life policy has a death benefit that adjusts periodically and is written for a specific period of time?

Modified whole life
20-year paid up policy
Endowment
Decreasing term


Decreasing term
A decreasing term policy has a death benefit that adjusts periodically and is written for a specific period of time.

Business

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What is the responsibility of the International Accounting Standards Board?

A. IASB promotes uniform accounting standards among different countries. B. IASB settles accounting disputes between auditors and international companies. C. IASB issues standards which regulate the financial accounting and reporting of multinational corporations and then enforces them through legal channels. D. IASB is to develop a uniform currency in which the financial transactions would be measured.

Business

The main focus of managerial accounting is:

A) decision making. B) the preparation of financial statements. C) the preparation of budgets. D) documenting cash flows.

Business

Alternative solutions developed by members in the nominal group technique are

A) submitted to a brainstorming group. B) submitted to the leader who performs the evaluation. C) rejected if they do not receive unanimous approval. D) voted on by group members.

Business

Ad spawning refers to ads that appear in separate windows before, after, or during Internet surfing or when reading e-mail

Indicate whether the statement is true or false

Business