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NEW QUESTION: 1
To realize the effect on the "bottom line," or the net gain from operations, from various transactions, one must consider the amount of any liabilities that are released because of the transaction. Assume a death claim entry as follows:
Death proceeds-ordinary $10,000
Dividends on deposit disbursed 1,000
On first appearance, one might think that this will cause the net gain from operations to be $11,000 lower. However, if the policy has a reserve of $3,000, the effect on the net gain is only , because the reserve liability of $3,000 and the dividend liability of $1,000 will no longer be shown on the balance sheet
NEW QUESTION: 2
Which customer role is involved in the Fit Gap and Solution Blueprint Decision Accelerator?
A. key user
B. executive sponsor
C. business decision maker
D. project manager
NEW QUESTION: 3
The IBM embedded document store should be considered based on which business requirement?
A. Document is not accessed during the process
B. Coaches should be able to display the documents
C. Lifecycle of the document needs to be tied to the process
D. Documents need to be retained long after the process instances are deleted
NEW QUESTION: 4
Which of these statements is correct?
A. A Bermudan option can be exercised at any time before its maturity date.
B. A Bermudan option can be exercised only on a few specific dates prior to expiration.
C. A Bermudan option can be exercised only at maturity.
D. The strike price of a Bermudan option is an average.
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