Insurance Policies Can Only Be Sold by Direct Agents of the Insurer

question 73

True/False

Insurance policies can only be sold by direct agents of the insurer.

---

Definitions:

Custodial Services

Services related to the cleaning and maintenance of buildings and facilities.

Square Feet

A unit of area measurement equivalent to a square that measures one foot on each side.

Direct Method

A way of preparing a cash flow statement where actual cash flow information from the company’s operations is used, directly showing cash receipts and cash disbursements.

Machine Hours

A measure of production output based on the amount of time machinery is operated.