All of the following are defects which limit the usefulness of the human life value approach in determining the correct amount of life insurance to purchase EXCEPT

A) The effects of inflation are ignored.
B) Other sources of income for survivors are ignored.
C) Earnings are assumed to remain constant.
D) Earnings during the individual's productive lifetime are ignored.


Answer: D

Business

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A. mission statements B. core values C. code of conduct D. reporting and communications systems

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Express the following balance sheets for Safety Company in common-size percentages.Safety CompanyBalance SheetsFor the years ended December 31?Year 2Year 1Assets??Cash$ 43,000$ 22,000Accounts receivable38,00042,000Merchandise inventory61,00052,000Prepaid insurance6,0009,000Long-term investments49,00020,000Plant assets (net)218,000218,000Total assets$415,000$363,000???Liabilities and Equity??Current liabilities$ 62,000$ 75,000Long-term liabilities45,00036,000Common stock150,000150,000Retained earnings  158,000  102,000Total liabilities and equity$415,000$363,000

What will be an ideal response?

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Identify the adjectives in the sentence. We need to share our data to avoid these problems

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A director must make a full disclosure of any potential conflict of interest that might arise in any corporate transaction.

Answer the following statement true (T) or false (F)

Business