The waiver of premium option can result in the savings value of a life insurance policy increasing, even if no premiums are currently being paid
Indicate whether the statement is true or false
TRUE
You might also like to view...
When a small stock dividend is declared and the market value exceeds the par or stated value of the shares, the excess of market value over par or stated value should be entered in which of the following accounts?
a. Stock Dividends. b. Stock Dividends Distributable. c. Paid-In Capital in Excess of Par. d. Capital Stock.
When Coca-Cola focused on developing its soft drink business but missed seeing the market for coffee bars and fresh-fruit-juice bars that eventually impinged on its soft-drink business, it was suffering from ________ because it defined competition in
traditional category and industry terms. A) factor elimination B) marketing myopia C) factor reduction D) category points-of-parity E) reliance on product description
Which of the following is an assumption underlying standard CVP analysis?
A. Fixed expenses will change as volume increases. B. In multiproduct companies, the sales mix is constant. C. The price of a product or service is expected to change as volume changes. D. In manufacturing companies, inventories always change.
Benefits provided by the WBS to the project include
A) schedules and status reporting can be accomplished. B) objectives can be linked to company resources. C) costs and budget can be established. D) all of the above.