A potential customer meets with an agent to purchase a life insurance policy or an annuity. The agent asks the person for a drivers license or passport. The potential customer shows a "passport" with no picture and when questioned by the agent says that it is a military passport, which does not have pictures. When asked for another form of ID, the person is unable to produce another ID, becomes irate and questions whether this company wants the business or not. What should the agent do

Which type of market are you in if your company, along with three other companies, controls 95 percent of the total music industry?

Witch is an example of a non durable good?

Insurance companies have internal controls in place to protect assets, monitor the accuracy of accounting records and encourage operational efficiencies and adherence to policies. these internal controls are generally of two types: administrative controls and accounting controls. administrative controls are the policies and procedures that guide the daily actions of employees. accounting controls are the policies and procedures that delineate authorizations of financial transactions that are done, safeguard assets, and provide reports on the company’s financial status in a reliable and timely manner. internal controls should include both preventative and detective controls. the purpose of preventative controls is to stop problems and errors before they occur. detective controls identify problems after they have occurred. preventative controls are usually more effective at reducing problems, but they also tend to be more expensive. internal controls must be flexible to adjust for changes in laws and regulations in addition to adding new products or modifying current ones. companies must also do regular analyses to ensure that the benefits of implementing the controls are worth their costs. when concerned about paying unwarranted insurance claims which type of control would be useful?