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Question
A variable life insurance policy is considered riskier than a traditional whole life policy because it:
A. invests savings more aggressively in securities that are riskier but offer higher potential returns.
B. has no disability provision to waive premiums in the event of a serious accident or prolonged illness.
C. may not allow the holder to renew the policy after the initial five year period has elapsed.
D. pays only a very small death benefit unless the policy holder lives for at least 12 years after taking out the policy.
Answer
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Related questions
Q:
(p. 299) ___________ is the process of training and educating employees to become good managers and then developing their managerial skills over time.
A. Management development
B. Vestibule training
C. Pre-mentoring
D. Self-actualization training
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(p. 298) _________ is a popular form of distance learning.
A. Job rotation
B. Vestibule training
C. Role playing
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B. Employee initiation
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(p. 296) Which of the following statements about contingent workers is most accurate?
A. More than 75 percent of contingent workers are employed in office-clerical work.
B. The number of contingent workers in the U.S. has steadily declined over the past decade.
C. U.S. labor laws require firms to offer contingent employees the same wages and benefits as other employees performing similar work.
D. The most common reason firms give for hiring contingent workers is a varying need for employees.
Q:
(p. 295) Preemployment physical examinations are:
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B. legal in some states, but only if given to everyone applying for the position.
C. illegal under current employment legislation in all 50 states.
D. legal in all states, but seldom used.
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(p. 295) Jolie is a human resource manager who is currently involved in selecting employees. Which of the following activities is Jolie most likely to be working on in her present assignment?
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(p. 294) During the employee selection process, the initial interview is often conducted by:
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(p. 291) Which of the following statements identifies a key difference between a job description and a job specification?
A. A job description is concerned with the short-run objectives of a job, but a job specification is concerned with the job's long-run objectives.
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A. a function of managers in all areas of the organization.
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