Carl is concerned that if he purchases an equity indexed annuity, he will lose money long-term if the stock index declines
Which equity indexed annuity provision assures Carl that he will not lose money if he holds the equity indexed annuity to term?
A) the indexing method
B) the participation rate
C) the guaranteed minimum value
D) the maximum rate cap
Answer: C
You might also like to view...
Interchange fees usually run about five percent of a given transaction
Indicate whether the statement is true or false
Describe the importance of SSD’s control activities given its large number of customers and vendors.
What will be an ideal response?
Dallas Company's human resources department provides training and other services to the company's three operating departments and to one service department. The assembly department has 75 employees; the finishing department has 15 employees; and the sales department has 10 employees. The service department to which human resources provides services is the maintenance department, which has 13 employees. The human resources department costs are allocated using the direct method and based on the number of employees, and the total amount of costs for the department is $150,000.Required:Determine the amount of human resources cost that should be allocated to each department.
What will be an ideal response?
Answer the following statement(s) true (T) or false (F)
1) The mechanistic organization emphasizes flexibility and is less rigid than the organic structure. 2) Strategies and structures are based on the firm's core capabilities, its strategic alliances, its ability to learn, and its ability to engage all the people in the organization in achieving its objectives. 3) A strategic alliance can be made with just about any other organization except one's competitors. 4) An organization's size has a large impact on its ability to respond effectively to its environment. 5) The difficulty of controlling a large company with many product lines and divisions is an example of a diseconomy of scale.