Direct labor time standards express the hourly labor cost per function or job classification that exists during the current accounting period

Kevin, the insured in a $200,000 life insurance policy, and his sole beneficiary, Lynda, are killed instantly in a car accident. Under the Uniform Simultaneous Death Act, to whose estate will the policy proceeds be paid?

A) Both Kevin's and Lynda's estates, equally B) Kevin's estate C) Lynda's estate D) The proceeds will escheat to the state"

Since the late 1980s, the growing emergence of freer markets has been powered by the realization that ________

A) economic growth is directly related to economic freedom B) economic growth has a limited effect on the standard of living C) adoption of free market principles contributes to social injustices D) centrally planned economies are best designed to deliver progress