The primary difference between fixed and variable annuities is that
A)
variable annuities have variable monthly payments during the accumulation period.
B)
the investment return on fixed annuities doesn't change.
C)
the value of the variable annuity can both increase and decrease.
D)
the annuity starting date can be changed for the variable annuity.
C
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Generally accepted accounting principles do not normally allow the use of the direct write-off method of accounting for uncollectible accounts
Indicate whether the statement is true or false
Most workplace messages are A) sent via text message
B) placed on Post-It notes in the employees' lounge. C) positive or neutral. D) long and ambiguous.
Any increased risk caused by the insured releases the insurer from liability
Indicate whether the statement is true or false
The Chief Risk Officer is concerned primarily with the management of:
A) operational risks B) financial risks C) strategic risks D) all of the above