Which of the following statements about individual disability income policies is true?
A) Benefits are typically paid only for disabilities resulting from sickness.
B) Benefits paid for partial disabilities are usually greater than benefits paid by the same policy for total disabilities.
C) Most policies pay a benefit equal to 100 percent of the disabled person's lost income.
D) Many policies provide or make available a residual disability benefit for persons who are able to work but at a reduced income.
Answer: D
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Which of the following statements is CORRECT?
A. Using accelerated depreciation rather than straight line would normally have no effect on a project's total projected cash flows but it would affect the timing of the cash flows and thus the NPV. B. Under current laws and regulations, corporations must use straight-line depreciation for all assets whose lives are 5 years or longer. C. Corporations must use the same depreciation method (e.g., straight line or accelerated) for stockholder reporting and tax purposes. D. Since depreciation is not a cash expense, it has no effect on cash flows and thus no effect on capital budgeting decisions. E. Under accelerated depreciation, higher depreciation charges occur in the early years, and this reduces the early cash flows and thus lowers a project's projected NPV.
Each section of a SQL command that begins with a keyword is known as a statement
a. True b. False Indicate whether the statement is true or false
A production process that is in control has a mean of 83 and a standard deviation of 17. a. Determine the upper and the lower control limits for a sample size of 30. b. Five samples had means of 80, 83, 74, 83, and 90. Indicate whether or not the process is in control.
What will be an ideal response?
On October 12 of the current year, a company determined that a customer's account receivable was uncollectible and that the account should be written off. Assuming the direct write-off method is used to account for bad debts, what effect will this write-off have on the company's net income and total assets?
A. Decrease in net income; decrease in total assets. B. Increase in net income; no effect on total assets. C. Decrease in net income; no effect on total assets. D. No effect on net income; no effect on total assets. E. No effect on net income; decrease in total assets.