Choose the Word or Phrase in [ ] Which Will

question 31

Short Answer

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
-Credit life insurance [is | is not] a good financial deal from the perspective of the borrower.

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Definitions:

Ending Inventory Balance

The value of unsold goods that a company holds at the end of an accounting period.

Cost Of Goods Sold

The total direct expenses related to producing goods sold by a business.

Net Income

The profit a company has after deducting all its expenses from its total revenue.

Unit Costs

The cost incurred to produce, purchase, or supply one unit of a product or service, calculated by dividing total costs by the number of units produced or purchased.