Which of the following statements about variable universal life insurance is (are) true?
I Variable universal life insurance has fixed premium payments.
II. Variable universal life insurance allows the policyowner to decide where the premiums are invested.
A) I only
B) II only
C) both I and II
D) neither I nor II
Answer: B
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Comparative financial statements are reports that show financial amounts in side by side columns on a single statement for analysis purposes.
Answer the following statement true (T) or false (F)
Managerial Skills (Scenario)Adam, Brenda, Carl, and Dan are employees in the same organization. Adam is the shift manager, Brenda is the district manager, Carl is the regional manager and Dan is the project leader. Adam manages the employees who produce the organization's product. After noticing his excellent work, he is promoted to division manager. Carl on the other hand, after a disciplinary proceeding is assigned to the post of office manager. Ethan is the managing director of the same organization.Which of the following is true for Adam after his promotion?
A. His empirical skills are going to be most important. B. The importance of his technical skills is about to be reduced. C. His conceptual skills are going to take the priority. D. The importance of his human skills are to be reduced.
The present value of a $100 three-year annuity due (first cash flow occurs today) discounted at a rate of 10% is equal to ________
A) $248.69 B) $273.55 C) $135.17 D) $300.00
If an Ethernet receiver detects an error in an arriving frame, it ________
A) drops the frame B) sends an ACK to the sender C) sends a NACK to the receiver D) sends the sender a retransmission request frame