A method of determining how much life insurance you require based on funds your family would require to maintain its lifestyle after your death is called the
A) earnings multiple approach.
B) needs approach.
C) cash liquidity approach.
D) funds analysis approach.
E) none of the above.
Answer: B
You might also like to view...
Lying is motivated by our desire to protect our self-esteem, continue to meet our basic needs, initiate or preserve desired affiliations, and attain personal satisfaction. This describes which of the following?
A. repression B. rationalization C. displacement D. counterfeit relationship
Run-to-run control totals can be used for all of the following except
a. to ensure that all data input is validated b. to ensure that only transactions of a similar type are being processed c. to ensure the records are in sequence and are not missing d. to ensure that no transaction is omitted
The most commonly used methods in the evaluation of capital investment proposals are net present value method, payback period method and the accounting rate-of-return method
Indicate whether the statement is true or false
Parent company nationals might be concerned with all of the following except
A. whether they can adapt to the home-country culture. B. the exchange rate movement of their host-country's currency. C. whether the family of transferred home-country executives can adapt to and enjoy the experience abroad. D. the rate at which industrial skills are learned by host-country nationals. E. how quickly they can learn the local language in their host country.