Futures Life Insurance is an insurance company in South Africa. The insurance company uses its large pool of financial capital, which it accumulates by collecting premiums from its policyholders, to purchase corporate stocks of different multinational companies. In this scenario, Futures Life Insurance is a(n) _____.
A. credit union
B. thrift institution
C. institutional investor
D. private equity firm
Answer: C
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Distance delivery presentation methods are appropriate
a. for covering highly sensitive or confidential issues. b. for persuasive or problem solving meetings where no relationship has been established among participants. c. whenever participants are unfamiliar with the technology. d. when the costs in time, money, and human energy justify them.
Which of the following activities would most likely not be associated with the "no customer contact" level of a service?
a. Accounting/bookkeeping b. Receipt of customer payment at a cash register c. Employee training d. Preparation of customer invoices
Oscar, Inc, a manufacturer of gift articles, uses a single plantwide rate to allocate indirect costs with machine hours as the allocation base
Estimated overhead costs for the year are $5,000,000. Estimated machine hours are 40,000. During the year, the actual machine hours used were 45,000. Calculate the predetermined overhead allocation rate. (Round your answer to the nearest dollar.) A) $111 B) $91 C) $125 D) $63
A PMSI in fixtures recorded before attachment will have priority over a mortgage with an after?acquired property clause
Indicate whether the statement is true or false