The type of life insurance that provides the greatest coverage for the least amount of money is
a. limited payment.
b. ordinary.
c. endowment.
d. term.
D
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Sony's U.S. consumer segments include all of the following except:
A) Affluent. B) Zoomers. C) SoHo. D) Gen Y. E) Fashionists.
On January 1, 2017, Macie Company purchased Jefferson Company's 9% bonds with a face amount of $200,000 for $213,420 to yield 8%. The bonds mature on January 1, 2027, and Macie has both the intent and ability to hold these bonds to maturity. The bonds pay interest annually on December 31. Assuming Macie uses the effective interest method of amortizing the bond premium; interest income reported on
the income statement for the year ended December 31, 2017, would be A) $16,000. B) $17,074. C) $18,000. D) $18,926.
Revenue is properly recognized:
A. When goods or services are provided to customers and at the amount expected to be received from the customer. B. When cash from a sale is received. C. When the customer makes an order. D. At the end of the accounting period. E. Only if the transaction creates an account receivable.
Information on a webpage is considered unpublished secondary data because it is not widely disseminated through primary sources
Indicate whether the statement is true or false