The difference between the present value of future benefits payable under a life insurance policy and the present value of net premiums for the policy is the policy's
A) retrospective reserve.
B) policyholders surplus.
C) prospective reserve.
D) admitted assets.
Answer: C
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___________________ statements recast all items on the statement as a percentage of a selected item on the statement
Fill in the blank(s) with correct word
Which of the following statements about the market segmentation approach is correct?
A) This approach would imply the production of standardized products. B) With this approach, less money is wasted on customers who have low probability of buying the product. C) It is the act of choosing which segment or segments to pursue actively. D) With this approach, none of the segments would necessarily be satisfied because the typical consumer in each would not feel that the product was right for him or her.
Suppose a researcher is interested in obtaining consumer perceptions of automobiles, the choice of the number and specific brands or stimuli to be included in the MDS analysis should be based on the statement of the marketing research problem and
theory only. The researcher should not bias the research by also using his judgment to determine what should be included in the analysis. Indicate whether the statement is true or false
The three dates involved in the declaration and payment of dividends are:
a. date of record, date of payment and date the corporation was founded. b. date of declaration, date of record and date of payment. c. date of issuance of articles of incorporation, date of record and date of payment. d. date of declaration, date of record and date of incorporation. e. date of stockholders' meeting, date of board of directors meeting and date of payment.