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2 years ago

Explain the difference between what health insurance covers and what long term disability insurance covers

Business

1 answer:

OLEGan [10]2 years ago

4 0

Answer:

In essence, health insurance benefits enable employees to seek needed medical care. Disability insurance replaces a portion of employee income when they can't work because of an illness or disability. For the most part, disability insurance will not replace all of someone's income.

Explanation:

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3 years ago

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Based on his preferences, Bill is willing to trade 4 movie tickets for 1 ticket to a basketball game. If movie tickets cost $8

suter [353]

Answer:

Explanation:

A. not trade movie tickets for basketball tickets because his amrginal rate of substitution is less than the ratio of the price of a basketball ticket to the price of a movie ticket.

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3 years ago

Managerial accounting differs from financial accounting in several areas. Specify whether each of the following characteristics

Dennis_Churaev [7]

Answer:

(a) Main characteristic of data is that it must be reliable and objectives - FA

(b) Reports are prepared as needed - MA

(d) Primary users are external - FA

(e) Focused on the future- MA

(f) Reporting is based mainly on the company as a whole - FA

(g) Reports are usually prepared quarterly or annually - FA

(h) Information is verified by external auditors - FA

Explanation:

Managerial accounting is the process of classifying, measuring, analyzing, interpreting, and communicating information to managers for the pursuance of an organization's goals. The principal difference between managerial and financial accounting is managerial accounting information is aimed at helping managers within the organization make decisions, while financial accounting is aimed at providing information to parties outside the organization. While financial accounting creates reports for external investors, shareholders, and stakeholders, managerial accounting provides information to the company's internal managers and business owners so they can plan and control the business's activities.

(a) Main characteristic of data is that it must be reliable and objectives - FA

(b) Reports are prepared as needed - MA

(d) Primary users are external - FA

(e) Focused on the future- MA

(f) Reporting is based mainly on the company as a whole - FA

(g) Reports are usually prepared quarterly or annually - FA

(h) Information is verified by external auditors - FA

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