Long-term investments are made by the investment center manager for the purpose of ________

A) increasing profits
B) decreasing profits
C) increasing interest expense
D) decreasing plant assets

A

Business

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Upon the issuance of a life insurance policy, an insurable interest must exist between

A) the agent and the applicant B) the insured and the beneficiary C) the applicant and the beneficiary D) the applicant and the insured"

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Defined benefit pension plans are more common now than ever before.

a. true b. false

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