The primary reason life insurance policies have a savings element is to allow the:
A) insured to have money for old age or for other purposes
B) insurer to reduce the cost of insurance by investing money at high interest rates
C) insured to accumulate funds to aid in the long-term financing of private business enterprises
D) insured to obtain lifetime protection at a level premium
D
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Waxman Company purchased a patent for $170,000 at the beginning of 2016, and estimated that its expected useful life was 10 years. The patent has a legal life of 17 years. What amount should be recorded as amortization expense for the patent in 2016?
a. $ -0- b. $ 7,000 c. $10,000 d. $17,000
Pointers can be used for all of the following except
a. to locate the subschema address of the record. b. to locate the physical address of the record. c. to locate the relative address of the record. d. to locate the logical key of the record.
Activity costs per unit equal total activity costs divided by total volume
Indicate whether the statement is true or false
Maintaining a dual focus on task and interpersonal concerns or having dual attention means that:
a.there is not a sharp distinction between the two areas b.the two areas are given equal attention at all times c.both models are used however it depends on the task as to which model gets used at that time d.while they have two models, one is used at work and the other is used at home