The liabilities will be understated.
Answer:
C. Safe driving
Explanation:
Behavioral factors refer to the lifestyle habits of an individual. Auto insurance premiums are largely determined by the risk involved, as assessed by the insurance company. Insurance companies consider
- the car and its safety features,
- the driver's history and habits,
- insured credit history, among other factors, when determining auto premiums.
Safe driving is a habit that develops in a driver over time. It is captured in the driver's driving history. A driver with few incidents and accidents than other pay lower insurance premiums. However, accident-prone drivers, those who drive many hours per day, and night drivers will always pay high insurance premiums.
C. clearly outline the job's responsibilities.
I hope that helps! :)<em />
Answer and Explanation:
The journal entries are as follows:
1. Petty cash A/c Dr $150
To Cash A/c $150
(Being the establishment of petty cash is recorded)
2.
Entertainment expenses A/c Dr $70
Postage expense A/c Dr $30
Printing A/c Dr $22
To Petty cash A/c $122
(Being the reimbursement of petty cash fund is recorded)
Your answer is D :)
Hope this Helps!
