A well-prepared expert will have supporting materials such as facts, statistics, and stories to share with a journalist

Indicate whether the statement is true or false

TRUE

Business

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Assets purchased on long-term credit contracts should be recorded at the present value of the consideration exchanged.

a. true b. false

Business

All of the following are true about key person insurance, except:

A. The business is the applicant and owner. B. The employee must give written consent by signing the application. C. The business is the beneficiary. D. The death benefit is taxable to the business.

Business