When no-par common stock without a stated value is issued for cash, the Common Stock account is credited for an amount equal to the cash proceeds

Indicate whether the statement is true or false

True

Business

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Variable insurance and variable annuity products are regulated by:

A. SEC and FINRA. B. SEC, FINRA and DOI. C. DOI and FINRA. D. None of the above.

Business

Why are commissioned reports an expensive source of data for market sizing?

A) They are of an expansive nature and cover multiple disciplines or industries. B) They can be compiled in a short amount of time and researchers charge a premium for the time-efficient service. C) They are written by industry experts and researchers. D) They require significant labor for collection of data.

Business