Which type of relationship is a "straight-line" relationship between two variables which allows us to know one variable if we have knowledge of the other?
A) causal relationship
B) linear relationship
C) categorical relationship
D) Boolean relationship
E) a beta relationship
B
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The statement of cash flows provides answers to all of the following questions except
a. Where did the cash come from during the period? b. What was the cash used for during the period? c. What is the impact of inflation on the cash balance at the end of the year? d. What was the change in the cash balance during the period?
When an insured dies with an incident of ownership in a life insurance contract:
A) the face amount is included in the gross estate B) the face amount is not taxed at all due to a loophole in estate tax laws C) only the cash value at death is included in the estate D) only is taxed due to the spouse's assumed half ownership