Tom was just diagnosed with an inoperable brain tumor. According to his doctor, Tom has less than three months to live. A life insurance premium notice just arrived. Tom purchased this whole life policy over 40 years ago. Tom does not want to pay the premium. Which nonforfeiture option should Tom exercise?

Pam is a receptionist for Dunderhead Paper Co., which has strict corporate policies on appropriate use of corporate resources. The first week of August, Pam saw Michael, the branch manager, putting pencils, pens, erasers, paper and other supplies into his briefcase on his way out the door. This situation best reflects a weakness in which aspect of internal environment, as discussed in the COSO Enterprise Risk Management Framework?

A) Integrity and ethical values B) Risk management philosophy C) Restrict access to assets D) Methods of assigning authority and responsibility

California law requires that students have 100 minutes of physical education per week. A school did not offer physical education classes. Its position was that, since at least one teacher supervised recess and lunch when the students would play, the school fulfilled the "100 minutes" requirement. Which of the following sentiments would support this position?

A. "No one will ever know." B. "Here's how we get around that." C. "What's in it for me?" D. "We didn't have this conversation."