Bill is attempting to determine how much life insurance to purchase. He has two dependent children and his wife does not work outside of the home

An advisor suggested that Bill should consider Social Security benefits when doing his life insurance planning. One concern in this regard is the period after Social Security benefits to a widow terminate until they resume again. This period is called the
A) blackout period.
B) dependency period.
C) emergency period.
D) readjustment period.


Answer: A

Business

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Fill in the blank(s) with the appropriate word(s).

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Separation of duties involves dividing responsibility for a transaction or a series of related transactions between two or more individuals or departments.

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

Business

All other things being equal, the "best" generic competitive strategy for a company to employ is a strategy that

A. seeks to underprice rivals on comparable products that attract a broad spectrum of buyers. B. concentrates on value-conscious buyers and outcompetes rivals by offering products at attractive prices. C. seeks to differentiate product offerings from rivals by offering superior attributes that attract a broad spectrum of buyers. D. concentrates on a narrow buyer segment and outcompetes rivals by offering niche members customized attributes. E. is well matched to a company's internal situation; underpinned by an appropriate set of resources, know-how, and competitive capabilities; and difficult for rivals to match.

Business

What term is used to describe attitudes and behaviors that often affect the distribution of resources and privileges in society that are based on group membership rather than on employment-related characteristics?

a. Characterization b. Stigmatization c. Pollyanna d. Oppression

Business