One method of ensuring the solvency of insurers is a periodic review, every three to five years, of insurers that operate on a multistate basis. This review is coordinated by the NAIC. This review is called a(n)
A) annual report.
B) early warning system.
C) field examination.
D) inspection report.
Answer: C
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Which of the following is NOT a cash outflow from an operating activity?
a. a withdrawal by the owners b. a payment for the acquisition of inventory c. a payment to the government d. a payment for interest on a loan
Explain the difference between a consumer product and an industrial product. Include an example
What will be an ideal response?
Which poses the more serious threat to cross cultural working relationships?
a. Actual affects of relationship conflict b. Beliefs about relationship conflict c. Ruminating over relationship conflict d. Not resolving relationship conflict
Your father's employer was just acquired, and he was given a severance payment of $365,000, which he invested at a 7.5% annual rate. He now plans to retire, and he wants to withdraw $35,000 at the end of each year, starting at the end of this year. How many years will it take to exhaust his funds, i.e., run the account down to zero?
A. 25.29 B. 21.91 C. 18.54 D. 17.28 E. 21.07