Which of the following statements about accelerated death benefits riders is (are) true?
I. The benefit paid is usually less than the full face amount.
II. Several different medical conditions may trigger the payment of benefits.
A) I only
B) II only
C) both I and II
D) neither I nor II
Answer: C
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Proper payroll accounting methods are important for a business for all the reasons below except
a. good employee morale requires timely and accurate payroll payments b. payroll is subject to various federal and state regulations c. to help a business with cash flow problems by delayed payments of payroll taxes to federal and stateagencies d. payroll and related payroll taxes have a significant effect on the net income of most businesses
Which of the following is the most useful aid to the accountant in preparing closing entries?
a. Ledger b. Work sheet c. Journal d. Financial statements
Answer the following statements true (T) or false (F)
1. Claim letters should detail both the problem and the actions required for satisfaction. 2. Positive responses to claims never need explanation. 3. An indirect approach in responses to inquiries should have reasons for denying the request followed by the refusal. 4. Most claim refusal letters should close with an apology.
Define total relationship marketing
What will be an ideal response?