M's insurance company denied a reinstatement application for her lapsed health insurance policy. The company did not notify M of this denial. How many days from the reinstatement application date does the insurance company have to notify M of the denial before the policy will be automatically placed back in force??
10 days
30 days
45 days
60 days
The correct answer is "45 days". Health insurance will automatically be placed back in force if the insurer fails to notify an applicant within 45 days that the reinstatement application was denied.
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The department in an organization that is responsible for preparing the invoice approval form to document all of the information about a particular purchase is:
a. the human resources department. b. the purchasing department. c. the receiving department. d. the accounting department.
The difference between actual and budgeted fixed factory overhead is referred to as a __________________________________________________
Fill in the blank(s) with correct word
The firm's purpose for holding certain securities may change, requiring it to transfer securities from one category to another. The firm transfers the securities at _____ at the time of the transfer
a. future value b. net realizable value c. amortized cost d. fair value e. present value of future cash flows
Paul was an excellent police officer. He humbly knew he had to take care of himself in order to be of better service to his community. Daily he would exercise and meditate before going to work. He also made it a priority to eat properly and spend time with family and friends. What habit is Paul practicing?
A. habit 1: be proactive B. habit 4: think win-win C. habit 6: synergize D. habit 7: sharpen the saw