Which of the following is not one of the common causes of death for which a life insurance
policy will exclude coverage?
A) Accident involving a private airplane
B) Suicide within a limited time after the policy becomes effective
C) Government execution
D) Incurable illness
E) Military action
D
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Sales promotions often attract brand switchers, who are primarily looking for low price, good value, or premiums
Indicate whether the statement is true or false
Compute the total cash receipts.
Boulevard, Inc. uses the direct method to prepare its statement of cash flows. Use the following information reported for 2019: Sales Revenue, $43,000 Interest Revenue, $600 Accounts Receivable, beginning balance, $13,400 Accounts Receivable, ending balance, $26,000 There were no amounts reported for Interest Receivable. A) $26,000 B) $56,400 C) $31,000 D) $13,400
A company uses activity-based costing to determine the costs of its three products: A, B, and C. The budgeted cost and activity for each of the company's three activity cost pools are shown in the following table: Budgeted ActivityActivity Cost PoolBudgeted CostProduct AProduct BProduct CActivity 1$70,000 6,000 9,000 20,000 Activity 2$45,000 7,000 15,000 8,000 Activity 3$82,000 2,500 1,000 1,625 What are the activity rates for the three activities under activity-based costing?
A. (1) $3.50; (2) $3.00; (3) $16.00. B. (1) $2.00; (2) $1.50; (3) $16.00. C. (1) $2.00; (2) $3.00; (3) $3.50. D. (1) $3.50; (2) $1.50; (3) $32,80. E. (1) $2.00; (2) $1.50; (3) $32.80.
An action may be legal and ethical.
Answer the following statement true (T) or false (F)