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New Company paid $5,000 in life insurance premiums on behalf of its CEO. The company is the beneficiary on the policy. What is the nature

New Company paid $5,000 in life insurance premiums on behalf of its CEO. The company is the beneficiary on the policy. What is the nature of the difference created by the premiums?

	a.	Permanent and favorable.
	b.	Permanent and unfavorable.
	c.	Temporary and favorable.
	d.	Temporary and unfavorable.

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