Cash value insurance provides a death protection component and a savings component

Indicate whether the statement is true or false

TRUE

Business

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Audit working papers are indexed by means of reference numbers. The primary purpose of indexing is to

a. Permit cross-referencing and simplify supervisory review b. Support the audit report c. Eliminate the need for follow-up reviews d. Determine that working papers adequately support findings, conclusions, and reports

Business

The fiduciary duty an agent owes to a principal is

A. one of the lowest duties owed under the law. B. similar to the duty and employers to an employer C. one of the highest duties imposed by the law. D. a part of the code of ethics and not a part of the law.

Business