Choose the Word or Phrase in [ ] Which Will

question 32

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.
-The period during which annuity payments are made to the individual is called the [distribution | survivorship] period.

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Definitions:

Goods, Services

are the material items (goods) and intangible benefits (services) that fulfill consumer needs and wants.

Assets

Economic resources owned or controlled by an individual or company, expected to provide future benefits.

Currency

A system of money in general use in a particular country.

Russian Rubles

The official currency of the Russian Federation, symbolized as RUB and used for most transactions within the country.