A normal yield curve is upward-sloping and indicates generally cheaper short-term borrowing costs than long-term borrowing costs

Indicate whether the statement is true or false

TRUE

Business

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Registered accounting firms that audit more than 100 public companies annually are subject to inspection and review by the Public Company Accounting Oversight Board (PCAOB) once a year

Indicate whether the statement is true or false

Business

The type of life insurance in which the investment portion pays a variable interest rate is:

A) Universal life. B) Term life. C) Double indemnity. D) Whole life. E) Variable life.

Business