The cash value and surrender value on a life insurance policy may differ because

A)

of taxes.
B)

of interest returns on the cash value.
C)

the policy is owned by the beneficiary.
D)

of outstanding policy loans.


D

Business

You might also like to view...

When there is no beginning Finished Goods Inventory and all the goods that are produced are sold, the operating income ________.

A) will be higher under absorption costing than variable costing B) will be lower under absorption costing than variable costing C) will be higher than the gross profit under variable costing D) will be the same for both absorption costing and variable costing

Business

Attitudes drive your behavior

Indicate whether the statement is true or false

Business

The week-end effect indicates that stocks tend to ___________ on Friday and ___________ on Monday.

A. decline; peak B. decline; decline C. peak; peak D. peak; decline

Business

Distribution centers are always operated by distribution specialists.

Answer the following statement true (T) or false (F)

Business