Activity-based costing can be used in determining the cost of services as well as products

Which of the following provides the most meaningful cost index (dollars and cents per thousand per year) of cash value life insurance?

(a) traditional net cost (b) Linton yield (c) surrender cost index (d) human life value

A licensee is about to change her business location. Which of the following should she do?

A. Move her license to the new location until the renewal date B. Notify the director of the Dept. of Licensing by phone C. Notify the Real Estate Program Manager in writing D. Surrender her license, and apply for an updated license with the correct location