U.S. standards do not require a classified balance sheet, but International accounting standards require companies to present classified balance sheets with liabilities classified as either current or long term

Which of the following can be written as a group policy?

A. Life paid-up at 65 B. Credit life C. Endowment at 65 D. Survivorship life

Section 404(b) of the Sarbanes Oxley Act requires that the auditor of a public company attest to management's report on the efficiency of internal controls over financial reporting

Indicate whether the statement is true or false