The annual increase in the cash surrender value of a life insurance policy: a. is taxed when the individual dies and the heirs collect the insurance proceeds. b. must be included in gross income each year under the original issue discount rules. c. reduces the deduction for life insurance expense. d. is not included in gross income each year because of the substantial restrictions on gaining access to the policy's value. e. none of these.

1. is the act of declaring a drivers license void and terminated when it is determined that the license was issued through error or fraud.

Bandar industries berhad of malaysia manufactures sporting equipment. one of the company’s products, a football helmet for the north american market, requires a special plastic. during the quarter ending june 30, the company manufactured 35,000 helmets, using 22,500 kilograms of plastic. the plastic cost the company $171,000. according to the standard cost card, each helmet should require 0.6 kilograms of plastic, at a cost of $8 per kilogram. 1. what is the standard quantity of kilograms of plastic (sq) that is allowed to make 35,000 helmets? 2. what is the standard materials cost allowed (sq x sp) to make 35,000 helmets? 3. what is the materials spending variance? 4. what is the materials price variance and the materials quantity variance?

Which of the following scenarios will probably cause prices to drop