Which of the following statements about indexed universal life insurance is true?

A) It is another name for variable life insurance.
B) Although a minimum interest rate is guaranteed, the rate credited can be higher if a specified stock index performs well.
C) The cash value is usually credited with 100 percent of the return on the equity index, including dividends paid on the stocks in the index.
D) The formula used to determine the additional interest credited to the policy places no limit on the additional interest that can be credited.


Answer: B

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You should identify the end of a paraphrase with quotation marks

a. true b. false

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Which of the following statements is an important aspect of Clayton Alderfer's ERG theory?

A. In ERG theory, Abraham Maslow's three categories of needs are expanded into five categories of needs. B. According to ERG theory, people always march neatly up the hierarchy of needs. C. According to ERG theory, only one level of need is capable of motivating behavior at any given time. D. In ERG theory, Clayton Alderfer allowed for multiple levels of needs being prepotent.

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If you have agreed to speak to an audience with which you are unfamiliar, what is the best thing to do?

A) Take your best guess as to who will be in your audience. B) Contact each audience member individually to try to get to know him or her before your presentation. C) Ask for the names of a half dozen people who will be in the audience and contact them. D) Plan the presentation based on what interests you the most.

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The Securities and Exchange Commission (SEC) allowed publicly traded foreign companies to use the International Financial Reporting Standards (IFRS) rather than the Generally Accepted Accounting Principles (GAAP).

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

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