Use the Following Two Columns of Items to Answer the Matching

question 33

Short Answer

Use the following two columns of items to answer the matching questions below:
-waiting period
A)the time from when you are disabled until you begin to receive disability income benefits
B)provides income to policyholders in the event they are no longer able to work

• A)the time from when you are disabled until you begin to receive disability income benefits
• B)provides income to policyholders in the event they are no longer able to work

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Definitions:

Net Sales

The total revenue a company earns after deducting returns, allowances for damaged or missing goods, and any discounts allowed.

Nonoperating Income

Income derived from activities not related to a company's core business operations, such as investment income or gains from the sale of assets.

Operating Expenses

Costs related to the day-to-day operations of a business, such as rent, utilities, and payroll.

Disclosure Notes

These are explanatory notes included with financial statements to provide additional detail and context for items presented in the financial statements.