When the initial premium pays for the sales commission on the life insurance policy, this is known as "direct recognition."
Indicate whether the statement is true or false
FALSE
You might also like to view...
A(n) _____ is a VBA statement that assigns the result of an expression to a variable or an object.
Fill in the blank(s) with the appropriate word(s).
On January 1, 2016, Sharpsburg, Inc issued $400,000, 10-year, 10% bonds for $354,200 . The bonds pay interest on June 30 and December 31 . The market rate is 12%. What is the carrying value of the bonds at the end of the ten years?
a. $400,000 b. $480,000 c. $380,000 d. $354,200
______ describes what occurs when new technologies cause previously successful firms to fail.
a. Dynamic disruption b. Customers’ adoption lag c. Technology paradox d. Innovator’s dilemma
Strong verbs are ____________; therefore, readers pay more attention to them
a. louder b. more dramatic c. less common d. shorter