A common misconception about using employee leasing is that it enables an organization to decrease quickly to the number of employees it needs when a surplus exists; in reality, it does not provide a quick response

The income statement is useful for helping to assess the risk or uncertainty of achieving future cash flows.

a. true b. false

The privilege of accessing the cash value of an insurance policy if it is surrendered is known as the

A) entire contract provision B) reinstatement provision C) nonforfeiture provision D) conversion privilege"