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NEW QUESTION: 1
Which of the following statements regarding variable life insurance policies is false?
A. Most policies have an expense guarantee provision that establishes a firm limit on how much the
insurance company can increase administrative charges.
B. The surrender value of a variable life insurance policy will always be less than its cash value.
C. Insurance companies are required to give variable life policyholders at least 24 months from the date of
purchase to switch to a traditional whole life policy without having to prove insurability.
D. Policyholders have voting rights similar to those of mutual fund investors.
Answer: B
Explanation:
The false statement regarding variable life insurance policies is that the surrender value of a
variable life insurance policy will always be less than its cash value. The surrender value of a variable life
insurance policy is its cash value.

NEW QUESTION: 2
You need to create a software installation package. Which file type should you create?
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Answer: B

NEW QUESTION: 3
You are the accounts receivable manager at Contoso. Ltd.
You must configure commission calculations based on information provided from the sales team and upper management.
You need to configure the groups for commission calculations.
Which three types of groups should you configure? Each correct answer presents a complete solution.
A. Item groups
B. Item discount groups
C. Price tolerance groups
D. Customer groups for commission
E. Sales groups
Answer: A,B,E

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