Which of the following statements about group insurance underwriting principles is (are) true?
I. If a plan is contributory, 100 percent of the eligible employees must be covered.
II. Ideally, there should be a flow of older people into the group and younger people out of the group.
A) I only
B) II only
C) both I and II
D) neither I nor II
Answer: D
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Which of the following would not be used to determine the cost of an asset?
a. cash paid b. sales and excise taxes c. cost incurred to get the asset ready for its intended use d. depreciation method
Answer the following statements true (T) or false (F)
1. The market rate is the rate used to calculate the actual cash payments made to bondholders. 2. Financial leverage occurs when a company earns less income on borrowed money than the related interest expense. 3. Unlike cash dividends, which are optional payments to stockholders, the interest payments on bonds are required. 4. Debt is a less expensive source of capital than stock. 5. Bonds affect the percentage of ownership of a corporation.
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Answer the following statement true (T) or false (F)
Jim's department at a local department store has tracked the sales of a product over the last ten weeks. Forecast demand using exponential smoothing with an alpha of 0.4, and an initial forecast of 28.0 for period 1. Calculate the MAD
Calculate the tracking signal. What do you recommend? Period Demand 1 24 2 23 3 26 4 36 5 26 6 30 7 32 8 26 9 25 10 28