Doris started a business 2 years ago. The business has been successful, and Doris is thinking about offering some employee benefits for her workers. She plans to offer a group term life insurance benefit
All of the following are usual eligibility requirements for participation in a group life insurance plan EXCEPT
A) full-time employment.
B) be actively at work when insurance becomes effective.
C) apply for insurance during the eligibility period.
D) satisfy a 2-year probationary period.
Answer: D
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Indicate whether the statement is true or false
Susan is a marketing manager at an electronics company. Which of the following is how Susan is most likely to make use of managerial accounting?
A) to analyze the cost of production B) to determine the effect of promotional strategies C) to determine whether the company's salaries are appropriate D) to see whether the firm is profitable E) to prepare information for outside creditors