Generation Y, people born between 1978 and 1994, tend to be pragmatic, optimistic, good team players, savvy consumers, and edgy in nature.

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


True

Generation Y, people born between 1978 and 1994, tend to be pragmatic, optimistic, good team players, savvy consumers, and edgy.

Business

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On September 30, the Sorting Department of Tea Works had ending Work-in-Process Inventory of 30,000 units that was 46% complete for materials and 36% complete for conversion costs

This means that for the beginning Work-in-Process Inventory, ________% of the materials and ________% of conversion costs were added during October. A) 46; 36 B) 64; 54 C) 54; 64 D) 36; 46

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Neal's life insurance policy has a cash value of $100,000. He wants to purchase a second home to rent out. How much can Neal borrow against the surrender value of his life insurance policy?

A) $50,000 B) $75,000 C) $95,000 D) $100,000

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A lump sum settlement option is usually the best choice, even if a beneficiary is not very good at managing large sums of money

Indicate whether the statement is true or false.

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Which of the following is NOT a role of financial institutions?

A) moving funds from savers to borrowers B) spreading out risk-bearing C) printing money for borrowers D) moving funds though time

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