Life Expectancy Is

question 74

Multiple Choice

Life expectancy is

• A)a theoretically projected length of life based on ideal conditions.
• B)the average length of time a person is expected to live.
• C)the period of life when an individual is healthiest.
• D)a calculation based upon how long a person's relatives lived.

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Definitions:

Duty of Accounting

An agent’s obligation to keep an accurate account of the transactions of money and property made on behalf of the principal.

Agent

A representative authorized to act on behalf of another person or organization, especially in business or legal matters.

Principal

The original amount of money invested or loaned, upon which interest is calculated, or the main party involved in a transaction.

Ratification

The official way to confirm something, usually by vote, making it valid or officially approved.