The fees charged by financial institutions for annuities may include all of the following except
A) management fees.
B) surrender charges.
C) insurance fees or commissions.
D) no-load annuity fees.
Answer: D
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Which of the following statements about employee rights is true?
A. Employee rights are based on what the employer deems is fair and equitable. B. Privacy is only an employee right with private firms not public entities. C. The terminate-at-will rule first came about during a 1940 court case. D. Reciprocity is an employee right guaranteed by federal laws. E. Cooperative acceptance is an employee right referring to fair treatment.
The ________ is defined as the level where revenue coming into a firm is sufficient to cover expenses.
Fill in the blank(s) with the appropriate word(s).
A ______ occurs when management stops all work and physically prevents workers from entering the workplace.
A. grievance B. lockout C. economic strike D. blockage
Flagstaff Company has budgeted production units of 7,900 for July and 8,100 for August. The direct labor requirement per unit is 0.50 hours. Labor is paid at the rate of $21 per hour. The total cost of direct labor budgeted for the month of August is:
A. $82,950. B. $3,950. C. $4,050. D. $85,050. E. $168,000.