IFRS requires companies to reconcile the historical cost and accumulated depreciation at the beginning of the period with amounts at the end of the period

Suppose Max wants to arrange the distribution of his life insurance proceeds so that his spouse, as beneficiary, will receive monthly payments for as long as she lives. Which of the following settlement options will meet this need?

A) Life income option B) Fixed-amount option C) Interest-only option D) Fixed-period option"

For sales managers to understand how the members of the Reliable Tools sales force spend their time, the salespeople must submit a(n) ________

A) expense report B) time-and-duty analysis C) mobile conferencing schedule D) sales forecast E) incentive plan