Answer:
C) universal life insurance
Explanation:
According to my research on different life insurance specifications, I can say that based on the information provided within the question Ann is considering buying a universal life insurance policy or UL. This is a policy in which the excess of premium payments above the current cost of insurance is credited to the cash value of the policy, which is credited each month with interest. Which is what Ann seems to be investigating.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
Hands off Doctrine is an early American court-articulated belief
that the judiciary should not interfere with the management and administration
of prisons. Prisonisation is a Socialization into inmate culture at the
adopting of the inmate sub-culture by inmates. This is the norms, values,
beliefs, and even language of the prison is called Prison Subculture.
Answer: 4. The expenses incurred during a period are matched with the revenues that those expenses generated.
Explanation:
The accrual basis of accounting works by matching accounting transactions to the period that they occur in. For instance, if revenue is sold in year 1 but the cash for it is only received in year 2, the revenue will be recorded for year 1.
The matching principle falls under the accrual basis and matches the expenses in a period to the revenue that the expenses generated in that same period. This is why the expenses in the income statement are only those that occurred in the current period and expenses for future periods are put in the balance sheet.
