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Sergio [31]
3 years ago
15

All of the following statements are TRUE about variable annuities EXCEPT: (A) Monies invested are professionally managed in acco

rdance with the objective of the holder. (B) Variable annuities protect the investor against capital loss. (C) The portfolio can consist of shares of other mutual funds. (D) Changes to the investment objective require a majority vote of the shareholders.
Business
1 answer:
ivanzaharov [21]3 years ago
7 0

Answer:

The correct answer is B

Explanation:

Variable annuity is the kind of the annuity contract or an agreement, the value of which could vary or changes grounded on the performance of the underlying portfolio of the mutual funds.

The annuities differ from those of the fixed annuities, which provide the guaranteed as well as particular return.

Variable annuity is both a securities as well as an insurance product. So, the annuitant assumes that the investment risk of this annuity and will not be protected against the capital losses of the insurance company.

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Norbert Inc. delivered goods and services during December. Payment is expected during the first week of January. The related adj
Vsevolod [243]

Answer:

The correct word for the blank spaces are: asset; revenue.

Explanation:

By delivering goods expecting payment at a later date, Norbert Inc. is increasing its <em>accounts receivable</em>. This type of profit takes place when goods or services are provided in credit and the payment is set in the future. In the example, according to the Generally Accepted Accounting Principles (GAAP), the <em>accounts receivable must be debited to an asset account and credited to a revenue account</em>.

8 0
3 years ago
The executive leadership team of a large corporation is analyzing a report. The report's contents have information that can be u
gregori [183]

Answer:

The answer is D.

Explanation:

Competitor intelligence essentially means understanding and learning what's happening in the world outside your business so you can be as competitive as possible. It means learning as much as possible about your industry in general, your competitors, or even your county's particular zoning rules so as to get a better understanding of what the consumers want.

4 0
4 years ago
Which of the following statements is​ true?
pashok25 [27]

Answer:

D. None of the above.

Explanation:

When there's a change in demand, the demand curve shifts and only quantity demanded changes- it either increases or reduces but price doesn't change. A change in demand is caused by factors that affect a consumer's demand for a good other than the price of the commodity.

Some of the factors that cause a change in demand include:

1. Change in income

2. Change in taste

3. Season

When there's a change in supply, the supply curve shifts and quantity supplied changes but there's no change in price. Change in supply is caused by other factors that affect supply other than price.

8 0
4 years ago
If an undergraduate student was considering getting a tattoo and stopped to ask herself what her parents would think of such beh
MariettaO [177]

Answer: The correct answer is "subjective norm".

Explanation: If an undergraduate student was considering getting a tattoo and stopped to ask herself what her parents would think of such behavior, such a reflection would constitute her subjective norm since it depends on her parents in particular what thoughts they may have about her and her behavior.

3 0
3 years ago
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Which is of the following is NOT an example of a non profit organization?
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D) all of the answers
6 0
3 years ago
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