Which of the following accounts is a permanent account?

A) Building
B) Depreciation Expense-Buildings
C) Interest Expense
D) Service Revenue


A

Business

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A _________ occurs when the subsidiary’s shares are distributed to the combinor’s shareholders in exchange for shares of the parent’s stock.

a. spin-off b. split-off c. split-up d. sell-off

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The strictest definition of "disability" used in disability insurance products is the:

A) inability to engage in any occupation B) inability to make the same income earned before the onset of the disability C) inability to earn non-wage income D) inability to engage in one's regular occupation

Business

A security's bid price will be greater than its ask price

Indicate whether the statement is true or false

Business

Business financial goals establish direction for the financial plans of a business

Indicate whether the statement is true or false

Business