Which of the Following User Groups Generally Receive Information Produced

question 57

Multiple Choice

Which of the following user groups generally receive information produced by the general ledger and reporting system?

• A)internal users
• B)external users
• C)inquiry processing by internal or external users
• D)all of the above

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Definitions:

Cash Surrender Value

The amount that the insurer has agreed to pay to the insured if a life insurance policy is canceled before the insured’s death.

Term Insurance

A type of life insurance policy for which premiums are paid for a specified term and payment is made by the insurer only if the insured dies within the term period.

Cancel Policy

A cancel policy refers to the terms under which an agreement, insurance policy, or service contract can be terminated before its natural expiration date.

Advance Written-notice

A notification given in writing ahead of time, often a requirement in legal and contractual situations.