Which of the Following Is a New Form of Term

question 178

Multiple Choice

Which of the following is a new form of term insurance that guarantees fixed premiums for the life of the policy?

• A) Universal life insurance
• B) Planned annuity life insurance
• C) Declining coverage, fixed payment insurance
• D) Multiyear level-premium insurance

Understand the fundamentals of cash management and the importance of maintaining a cash change fund.

Demonstrate the ability to record cash transactions accurately in journal entries.

Identify and explain discrepancies in cash transactions and propose solutions.

Understand the concept and benefits of electronic funds transfer (EFT) in financial transactions.

---

Definitions:

Contacts

The collection of information about individuals or companies stored and managed for communication purposes, often within email or phone applications.

Cards

In a user interface, interactive rectangles or tiles that display information or provide access to additional content or functions.

Contact List

A collection of contact information for individuals or organizations, typically including names, phone numbers, and email addresses.

Meeting

An organized event where two or more people gather, either in person or virtually, to discuss and exchange information or ideas.