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Alexandra [31]
3 years ago
13

When a life insurance policy stipulates that the beneficiary will receive payments in the specified installments or for a specif

ied number of years, what provision prevents the beneficiary from changing or borrowing from the planned installments?
A. Spendthrift provisionB. Settlement optionC. Accelerated benefit provisionD. Loan provision
Business
1 answer:
Helga [31]3 years ago
4 0

Answer:

A. Spendthrift provision

Explanation:

Based on the information provided within the question it can be said that the provision that prevents this is called a "spendthrift provision". Like mentioned in the question this term refers to a provision that prevents an individual from giving away his inheritance or any creditor attaching themselves to the inheritance, as well as changing or borrowing for themselves.

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Which two forms of financial aid require the student to bear the costs of college education??
Oxana [17]
The two forms of financial aid that is required for a student to bear the cost of college education are the following; direct loans and work study programs. It is because direct loans can help a student to provide money that they could lend and be paid off based on the time period it provides while work study program assist students in means of providing money for the student in which in return, they should work for them with no money to be paid for them.
5 0
3 years ago
__________ plan and design all types of buildings and structures.
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D. architects. They plan and design all types of buildings and structures
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Sadie and Ted must divide a stove, a hut, a chest, a nightstand, an igloo, and a trashcan. They assign points to each item as fo
Ulleksa [173]

Answer:

a. Ted gets the hut; Sadie gets the rest.

Explanation:

Since Ted placed a much more higher priority on the hut by assigning it 35 points more than all other items, and Sadie placed a very low priority on the hut by assigning it 10 points when compared to all other items, it shows Ted is ready to let go of other items just to have the hut, and Sadie is ready to let go of the hut to have the other item. Hence, the "Ted gets the hut, Sadie gets the rest" splits is efficient.

4 0
3 years ago
Requirement 2:
Nuetrik [128]

Answer:

Requirement 2

a) Net Operating Income (Loss) for year 1 under absorption costing = 110,600

b) Net Operating Income (Loss) for year 2 under absorption costing = 257,600

c) Net Operating Income (Loss) for year 1 under variable costing = 238,200

d) Net Operating Income (Loss) for year 2 under variable costing = 385,200

e) The cost of goods sold is always less under variable costing than under absorption costing.

Explanation:

a) Absorption Costing, also called full absorption costing, capture all costs associated with manufacturing a particular product, such that the direct and indirect costs, such as direct materials, direct labor, rent, and insurance, are fully accounted for using this managerial accounting method.

b) Variable Costing is a managerial accounting technique that assigns variable costs to inventory, so that all period (fixed overhead) costs are charged to expenses in the period incurred, while only direct materials, direct labor, and variable manufacturing overhead costs are assigned to inventory.

Download xlsx
5 0
3 years ago
When a bank requires a customer to leave a minimum balance on deposit, it is called a _______ cash balance.
d1i1m1o1n [39]

a because it means in order to avoid anything about it

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3 years ago
Read 2 more answers
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