Group health insurance
A) refers to the way the health insurance is sold rather than to the characteristics of the policy.
B) tends to be more expensive.
C) reflects the age and health of the policyholder.
D) all of the above.
Answer: A
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Cheng Company has one year in unearned rent on the books in the amount of $3,000 . The money was received on December 1 in payment for a warehouse Cheng owns. What adjusting entry related to unearned rent should Cheng record on the books at year-end?
a. debit to Unearned Rent, $2,750; credit to Rent Revenue, $2,750 b. debit to Rent Revenue, $250; credit to Unearned Rent, $250 c. debit to Unearned Rent, $250; credit to Rent Revenue, $250 d. No entry required.
The ________ states that if the main purpose of a transaction and an oral collateral contract is to provide pecuniary benefit to the guarantor, the collateral contract does not have to be in writing to be enforced
A) merger clause B) leading object exception C) collateral contract rule D) parol evidence rule
Write a short note on the importance of focusing on a central selling feature in a persuasive message
Which of the following statements regarding the sourcing of dividend income is true?
A. Dividends are sourced based on the residence of the recipient. B. Dividends from a U.S. corporation are U.S.-source based on the percentage of U.S.-source income earned by the U.S. payor. C. Dividends from a U.S. corporation are U.S. source without regard to where the U.S. corporation generated the E & P. D. Dividends from a U.S. corporation are foreign-source based on the percentage of foreign-source income earned by the U.S. payor.