A __ ______ machine sends exact copies of reports, letters and graphics over telephone lines

Fill in the blank(s) with the appropriate word(s).

fAX or facsimile

Business

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Using the LIFO method of inventory valuation will always produce the same results whether a company uses perpetual or periodic inventory costing methods

Indicate whether the statement is true or false

Business

The provision that protects the proceeds of a life insurance policy from attachment by the beneficiary's creditors after the insured's death is known as the:

A. Spendthrift (Trust) Clause. B. Common Disaster Clause. C. Incontestability Clause. D. The Beneficiary Protection Clause.

Business