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LUCKY_DIMON [66]
2 years ago
15

To decide how much an insurance policy should cost a customer, underwriters use ________, such as historical industry trends and

loan characteristics, to predict risk levels.Multiple Choiceseasonal trendsdiagnosticsdata analyticslogistics
Business
1 answer:
alekssr [168]2 years ago
6 0

When deciding the cost of an insurance policy being applied to the customer, then the underwriting experts used the concept of data analytics.

Option C is the correct answer.

<h3>What is underwriting?</h3>

Underwriting is the act where the underwriters confirm the loan approval after analyzing the debt, income, and assets of the borrower.

The concept of data analytics is one of the processes applied to analyze the data along with collection and modeling. it helps the underwriters to figure out the conclusions based on the trends and patterns of the data.

Therefore, data analytics is the tool that underwriters used to compute the cost of insurance policy for the customer.

Learn more about the underwriting in the related link:

brainly.com/question/24988092

#SPJ1

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External factors in a SWOT analysis include the strengths and weaknesses of an organization.
Katarina [22]

Answer:

False

Explanation:

External factors in a SWOT analysis does not include the strengths and weaknesses of an organization.  The full meaning of SWOT stands for Strengths, Weaknesses, Opportunities, and Threats. The Strengths and weaknesses are internal factors to an organization as they have management control over it and can be modify as well.

4 0
2 years ago
It is illegal for a government to spend money for any purpose unless a valid appropriation for that purpose exists. Does this le
mixas84 [53]

Answer:

Yes

Explanation:

it ensure good financial management as it requires a valid appropriation to spend an amount. it means the budget authority to the government is subject to a valid purpose. this legal rule helps to curtail unnecessary spending and assure that funds go where they are most needed

7 0
3 years ago
Marcos wants to buy Lucia's land, but she refuses to sell. Marcos begins using subpoenas, court orders, and other formal legal p
Xelga [282]

<u>Full question:</u>

Marcos wants to buy Lucia’s land, but she refuses to sell. Marcos begins using subpoenas, court orders, and other formal legal procedures in an unrelenting effort to force Lucia to sell. This is

abuse of process.

not a tort.

appropriation.

wrongful interference with a contractual relationship.

<u>Answer:</u>

This is   abuse of process

<u>Explanation:</u>

Abuse of process assigns to the inappropriate handling of a civil or criminal justice system for an unintended, wicked, or malicious reason. It is the hateful and intentional abuse of frequently published civil or criminal court means that is not supported by the underlying legal action.

Abuse of process covers prosecution claims in defective faith that is expected to hold the commitment of justice. Abuse of process is a deliberate tort. Abuse of process comprises the complete range of modes conflict to the prosecution process such as hearing proceedings, the noticing of allegations and the issuing of subpoenas.

4 0
2 years ago
Jack Hammer Company completed the following transactions. The annual accounting period ends December 31. Apr. 30 Received $816,0
irina [24]

Answer:

Effects on Accounting Equation: Assets = Liabilities + Equity

April 30 - Assets (Cash at bank) are increased and Liabilities (Notes Payable) are increased with $814,000.

June 30 - Assets (Inventory) are increased and Liabilities (Accounts Payable) are increased with $93,000.

July 15 - Assets (Cash) are decreased and Liabilities (Accounts Payable) are decreased with $93,000.

August 31 - Assets (Cash) are increased and Liabilities (Deferred Revenue) are increased by $33,000 for security service received in advance.

Dec 31 - Liabilities (Wages Unpaid) are increased and Equity (Retained Earnings) is decreased by $58,000 for unpaid wages.

Dec 31 - Liabilities (Interests Accrued) are increased and Equity (Retained Earnings) is decreased by $32,640 for accrued interests for 8 months.

Dec 31 - Liabilities (Deferred Revenue) are reduced and Equity (Retained Earnings) is increased by $22,000 for 4/6 months security service revenue received in advance and now adjusted based on the accruals concept.

Explanation:

Effect on Debt-to-Assets Ratio:

a) no change as assets and liabilities are increased by the same amount.

b) no change as assets and liabilities are increased by the same amount.

c) no change as assets and liabilities are decreased by the same amount.

d) no change as assets and liabilities are increased by the same amount.

e) debt-to-asset ratio is increased with unpaid wages.

f) debt-to-asset ratio is increased with accrued interests at 6% of $816,000 x 8/12 = $32,640.  The note was collected on April 30 with 8 months to year-end.

g) debt-to-asset ratio is decreased with the adjustment of security service received for 4 months out of 6 months based on the accruals concept.

4 0
3 years ago
The policy under which a student is admitted regardless of past academic
Alex

Answer:

c. open admission

Explanation:

4 0
3 years ago
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