Jones has a life insurance policy on his own life that provides that in the event of his death, his mother will receive the proceeds. Jones' mother is a(n):?
A) incidental beneficiary
B) donee beneficiary.
C) creditor beneficiary.
D) assignee.
B
You might also like to view...
So Yummy Mayo Inc. recognizes the need for providing on-the-job training to employees whose technical skills are lacking. The company's HR department is tasked with coordinating the entire training process. This function of the HR department at So Yummy Mayo is called
A. requirements specification. B. orientation. C. training simulation. D. training administration. E. needs analysis.
Which of the following statements is most accurate?
A) Good communication skills can help you in the classroom, on the job, and in your personal life. B) Communicating effectively is not related to job success. C) Learning to communicate effectively cannot be taught because communication skills are inborn. D) Effective communication skills are not as important as technical skills.
Based on Fayol's principles, specialization says that each and every organizational employee should have one supervisor
Indicate whether the statement is true or false
A company produces a single product. Variable production costs are $13.60 per unit and variable selling and administrative expenses are $4.60 per unit. Fixed manufacturing overhead totals $52,000 and fixed selling and administration expenses total $56,000. Assuming a beginning inventory of zero, production of 5600 units and sales of 4400 units, the dollar value of the ending inventory under variable costing would be:
A. $10,800 B. $21,840 C. $27,120 D. $16,320