Question
Personal financial statements should report an investment in life insurance at the a. Face amount of the policy less the amount of premiums paid. b.
Personal financial statements should report an investment in life insurance at the
a. Face amount of the policy less the amount of premiums paid.
b. Cash value of the policy less the amount of any loans against it.
c. Cash value of the policy less the amount of premiums paid.
d. Face amount of the policy less the amount of any loans against it.
d. Face amount of the policy less the amount of any loans against it.
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Cost Management
Authors: Don R Hansen, Maryanne M Mowen, Dan L Heitger
5th Edition
357141091, 978-0357141090
