Excess cash is an asset that has a/an ________ due to lost earning power for the company
A) opportunity cost
B) cash cost
C) sunk cost
D) erosion cost
Answer: A
Business
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Expenses incurred in the administration or general operations of the business.
What will be an ideal response?
Business
A universal life policy may be surrendered for its cash value:
A. Only when the cash value equals the death benefit B. At any time C. Within 30 days of an interest payment D. Only if there are no outstanding loans
Business