To determine the amount of life insurance required, the needs approach takes into account all of the following expenses EXCEPT

A) emergency fund needs
B) retirement income needs
C) preretirement needs
D) family dependency needs"

Ans: A) emergency fund needs

Business

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Dictionaries, encyclopedias, almanacs and government documents are examples of this type of source

A) library databases B) periodicals C) books D) reference materials

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Which of the following represent liabilities to a bank?

A) deposits it accepts from its customers and securities it buys B) deposits it accepts from its customers, the borrowing it does in security markets and its equity capital C) the borrowing it does in security markets and the loans it provides D) loans to customers

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