These represent a series of payments for the life of the participant and beneficiary

A) collateral payments
B) periodic payments
C) lump sum distributions
D) annuities

Answer: D

Business

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Electronic channels are associated with:

A) high cost and narrow distribution. B) high cost and difficulty in accessing. C) low cost and ease of access. D) low cost and narrow distribution.

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Standardized advertising, if used by Quik-Vac, would most likely ________

A) cater to customers with varied preferences worldwide B) simplify Quik-Vac's communications strategy and save costs C) appeal to the highly literate populations only D) make importation of raw materials mandatory for Quik-Vac

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