Gene, age 20, purchased a $50,000 life insurance policy. The premium at issue is lower than normal whole life rates, and it increases each year for the first 5 years of the policy period. After that, the premium levels off. What type of policy does Gene own?
A) Limited-pay at age 20 whole life
B) Minimum deposit whole life
C) Modified whole life
D) Graded premium whole life"
Ans: D) Graded premium whole life"
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Barricades Corporation provided the following information for the year
Beginning Balance-Work-in-Process Inventory $27,000 Ending Balance-Work-in-Process Inventory 56,000 Beginning Balance-Raw Materials Inventory 83,000 Ending Balance-Raw Materials Inventory 60,000 Purchases-Raw Materials 360,000 Direct Labor 471,000 Indirect Labor 18,000 Depreciation on Factory Plant and Equipment 25,000 Plant Utilities and Insurance 271,000 What was the amount of direct materials used in production during the year? A) $66,000 B) $360,000 C) $383,000 D) $831,000
According to the text, ________ direct respondents to different places in the questionnaire based on their response to the question at hand
A) branching questions B) leading questions C) double-barreled questions D) filter questions E) break-out questions