Common life insurance policy riders include all of the following, except:
A. Extended term
B. Guaranteed insurability
C. Accidental death
D. Waiver of premium
Ans: A. Extended term
Business
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The lower-of-cost-or-market rule demonstrates accounting conservatism in action
Indicate whether the statement is true or false
Business
Which of the following is most likely an example of a business promotion tool?
A) a free DVD for customers who purchase a new television at a retail store B) a trade fair showcasing a new audio system developed by an electronics firm C) a sweepstakes program inviting customers to enter for the chance to win a new car D) a toaster being sold at half its list price for any buyer who purchases a food processor E) a display allowance for retailers who feature a manufacturer's product in a favorable manner
Business