Tommy Greene has a CLU certification. Which of the following names would be automatically approved for use as his agency's name?
A. Tommy Greene and Associates
B. Thomas Greene, CLU, & Company
C. Greene Insurance Agency
D. None of these would ever be automatically approved.
Answer: D. None of these would ever be automatically approved.
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A retailer maintains a book (perpetual) inventory system in which all figures are kept at cost values
The beginning-of-month inventory as of December 1 is $100,000; the purchases in December equal $80,000; and December's sales (at cost) equal $63,000 . The beginning of month inventory for January 1 then equals _____. a. $70,000 b. $117,000 c. $170,000 d. $233,000
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Indicate whether the statement is true or false.