Life insurance policyholders may borrow the cash value from their life insurance policies. Where are life insurance policy loans shown on a life insurance company's financial statements?
A) as an asset
B) as a liability
C) as income
D) as an expense
Answer: A
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The supply curve of British pounds slopes upward because as the dollar _____ American goods become ______ for the British. Therefore, the British purchase ______ American goods, and the quantity of pounds supplied increases.
a. depreciates against the pound; less expensive; more b. depreciates against the pound; more expensive; less c. appreciates against the pound; more expensive; more d. appreciates against the pound; less expensive; less
Building which of the following is the least expensive path to creating a mobile presence?
A. native app B. mobile website C. mobile web app D. hybrid HTTP
Given the following code, what is the value of cell B5?
Public Function Result1(Values As Range)
Dim EV As Single, t As Integer
EV = 0
For t = 1 To Values.Count
EV = EV + Values(t) * t
Next t
Result1 = EV/ Values.Count
End Function
a) 10%
b) 20%
c) 40%
d) 60%
e) 90%
When a work sheet is complete, the adjustment columns should have
A) total credits greater than total debits if a net income was earned B) total debits greater than total credits if a net loss was incurred C) total debits greater than total credits if a net income was earned D) total debits equal total credits