Which account does a merchandiser use that a service company does not? use?

A. Merchandise Inventory
B. Cost of Goods Sold
C. Sales Revenue
D. All of the above

Ans: D. All of the above

Business

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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.

Business

Property cannot be left directly to minor children

Indicate whether the statement is true or false

Business