When the insured becomes disabled under the requirements of the policy, which of the following provisions keeps the policy in force even though the owner stops making the premium payments?

A. The guaranteed insurability provision
B. The accelerated living benefit provision
C. The waiver of premium provision
D. The spendthrift trust provision

Ans: C. The waiver of premium provision

Business

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Alice, a cartoonist, has been an overachiever throughout her career. She enjoys the intellectual stimulation and independence she has at work

She feels her work allows her to use her creativity and artistic skills to its full potential. Which of the following work value categories is important to Alice? A. Status B. Work itself C. Coworkers D. Altruism E. Supervision

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Process costing systems:

A. Are used when companies produce homogeneous units. B. Do not have work in process accounts for each department. C. Do not use equivalent units of production. D. Track costs to individual products.

Business