What happens to the insurance license of a corporation when the corporation ceases to exist?
A. It becomes inactive
B. It terminates unless the corporation files an application to continue business within 30 days.
C. It is suspended temporarily by the DOI.
D. It terminates
Ans: D. It terminates
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An overall indication of the dependability of data may be obtained by examining the ________, credibility, reputation, and ________ of the source
A) accuracy; trustworthiness B) trustworthiness; expertise C) expertise; accuracy D) None of the above is correct.
Which of the following is true of benchmarking?
A) It is an analysis in which a firm's ratio values are analyzed to project the fundamental values of the assets for upcoming years or business cycle. B) It is an analysis in which a firm's ratio values are compared with those of a key competitor or with a group of competitors that it wishes to emulate. C) It is an analysis in which a firm's financial performance over time is evaluated using financial ratio analysis. D) It is a financial statement analysis technique which combines cross-sectional and time-series analyses.