If the cost of an office visit is $50 and you have a $15 copayment under your health insurance coverage, your insurance will pay A) $50. B) $35. C) $15. D) $0. ANSWER B
Date: September 19th, 2020
Following the recession of 2007 – 2009, yield curves for interest rates the United States were ________, and overall, rates were beneficial for ________. A) sharply downward sloping; lenders B) sharply downward sloping; borrowers C) sharply upward sloping; lenders D) sharply upward sloping; borrowers ANSWER D
Date: September 19th, 2020
When the estate is divided equally among the family’s offspring, there is a A) per capita division of the property. B) per se division of the property. C) per stirpes division of the property. D) per quod division of the property. ANSWER A
Date: September 19th, 2020
At the end of fiscal year 2012 (January 31, 2012 ) Walmart sales came primarily from three divisions. In order from the greatest sales to least, those divisions are: A) U.S. discount and grocery operations, membership warehouse operations., and Walmart International operations. B) Walmart International operations, membership warehouse operations, and U.S. discount and grocery operations. […]
Date: September 19th, 2020
Retirees may remain in their homes while accessing the home equity for supplemental income through the use of a A) reverse mortgage. B) shared appreciation mortgage. C) price level adjusted mortgage. D) decreasing term mortgage. ANSWER A
Date: September 19th, 2020
Hospital indemnity insurance A) pays a fixed dollar amount for each day you remain in the hospital. B) provides the provider of the service a direct payment up to a set daily maximum. C) guarantees you certain specified services regardless of the daily cost. D) guarantees you all hospital services regardless of cost. […]
Date: September 19th, 2020
Borrowing on your life insurance policy may be good advice but it seldom makes sense to use a margin account. Indicate whether the statement is true or false ANSWER FALSE
Date: September 19th, 2020
The individual appointed by the deceased to manage the estate immediately after death is know as the A) executor. B) administrator. C) grantor. D) grantee. ANSWER A
Date: September 19th, 2020
Which of the following is NOT a factor that would be analyzed by a firm as part of an external SWOT analysis? A) Expected inflation B) Expected growth of firm-wide sales C) Expected changes in GDP D) Political uncertainty ANSWER B
Date: September 19th, 2020
If your face amount of dwelling protection is $100,000 and you have contents coverage on unscheduled property of $50,0000, the maximum amount you could collect if your policy has a deductible of $1,000 and a co-insurance clause is A) $150,000. B) $149,000. C) $100,000. D) $99,000. ANSWER B
Date: September 19th, 2020
