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lozanna [386]
3 years ago
13

The person who receives financial protection from a life insurance plan is called

Business
1 answer:
AveGali [126]3 years ago
4 0

The person who receives financial protection from a life insurance plan is called a Beneficiary. The other side is the policy owner. he beneficiary is usually selected at the time of the policy inception by the owner of the contract.Beneficiary Order ,  Beneficiary Changeability  and Beneficiary Legal Type are the three types of Beneficiaries for Life Insurance.

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On January 1, 2021, Everglade Company purchased the following debt securities and properly accounted for them as securities avai
hammer [34]

Answer:

Unrealized gain = $12,000

Explanation:

Security    Cost A     Fair value B    Unrealized amount (B-A)

ABC          $40,000    $55,000                 $15,000

DEF           $72,000    $65,000                -$7,000

XYZ           $16,000     $20,000                 <u>$4,000</u>

                                                        Total    <u>$12,000</u>

So, the unrealized gain to be recorded is $12,000

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Q 7.1: a _____ would be properly classified as cash.
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Which of the following statements about mentors is true?
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Mentors are an excellent way to learn on the job- this statement about mentors is true.

Option: A

Explanation:

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That field expert monitors his group which consists of 7-8 persons at a time. Expert assign work to the trainees for daily basis, supervise them, advice them and train them to be a perfect employee of that company.

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