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1 year ago

xcel how many months can a life insurance policy normally be backdated from the date of the application

Business

1 answer:

belka [17]1 year ago

4 0

6 Months can be a life insurance policy normally be backdated from the date of the application.

For Example:- Suppose, he/she purchased a policy with maturity duration of 20 years in March 2022 and backdated it to October 2021, the maturity benefits of the endowment policy can be reaped a year before in October 2041 than the initial date in March 2042.

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Han Cho has served in the US Army Reserves for two years. He is currently on active duty, stationed outside of the U.S. and is g

sashaice [31]

Answer:

Once Han returns to the US, his civilian employer is required to take him back.

Soldiers who are no longer in active duty and return to civil life again, have the right to return to their previous civilian jobs. Serving in the military is a very important task and soldiers should not be economically hurt because they served their country and employers are required to give them back their old job.

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3 years ago

Quiz DAFCO

dimaraw [331]

Question Completion:

Show the effects of the transactions on the accounting equation.

Answer:

DAFCO

Jan. 1:

Assets (Bank +Sh800,000) = Liabilities + Equity (Common Stock +Sh800,000)

Assets (Bank -Sh200,000 Cash +Sh200,000) = Liabilities + Equity

Jan. 2:

Assets (Bank -Sh70,000 Inventory +Sh70,000) = Liabilities + Equity

Jan 3:

Assets (Furniture +Sh25,000 Cash -Sh25,000) = Liabilities + Equity

Jan. 3:

Assets (Equipment +Sh75,000) = Liabilities (Accounts payable +Sh75,000) + Equity

Jan. 4:

Assets (Cash +Sh100,000) = Liabilities + Equity (Retained Earnings +Sh100,000)

Jan. 5:

Assets (Inventory +Sh200,000 Bank -Sh200,000) = Liabilities + Equity

Jan. 6:

Assets (Motor Van +Sh210,000 Bank -Sh210,000) = Liabilities + Equity

Jan. 10:

Assets (Bank +Sh500,000) = Liabilities (Bank Loan +Sh500,000) + Equity

Jan. 12:

Assets (Accounts Receivable +Sh75,000) = Liabilities + Equity (Retained Earnings +Sh75,000)

Jan. 16:

Assets (Bank +Sh100,000) = Liabilities + Equity (Retained Earnings +Sh100,000)

Jan. 30:

Assets (Cash -Sh10,000) = Liabilities + Equity (Common Stock -Sh10,000)

Explanation:

The accounting equation indicates that Dafco's assets are equal to its liabilities plus equity. This equation is the basis of the double-entry system of accounting. It is always in balance with each transaction whenever the correct postings are made into the correct accounts.

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2 years ago

A company uses specially configured workstations for any work that requires administrator privileges to its Tier 0 and Tier 1 sy

LiRa [457]

A downgrade attack might occurs in root cause appears to be that SoC was tampered with or replaced.

A downgrade attack, also known as a bidding-down attack or version rollback attack, is a type of cryptographic attack that forces a computer system or communications protocol to switch from a modern, high-quality mode of operation to an older, lower-quality mode that is typically provided for backward compatibility with older systems. An illustration of such a problem was discovered in OpenSSL, which let the attacker to convince the client and server to use a less secure version of TLS. One of the most prevalent downgrade assaults is this one. Due to their inherent fallback to unencrypted communication, opportunistic encryption technologies like STARTTLS are typically vulnerable to downgrade attacks.

learn more about downgrade attack here

brainly.com/question/27959974

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8 0

1 year ago

Suppose that the nominal exchange rate between the US dollar and the Canadian dollar is 0.75 US dollars per Canadian dollar. If

Goryan [66]

Answer:

option (c) depreciate by exactly 10 percent

Explanation:

Data provided in the question:

Canadian dollar = 0.75 US dollars per Canadian dollar

Canada's rate of inflation = 0 percent

US rate of inflation = 10 percent

Now,

The percentage change in real exchange rate

= percentage change in nominal exchange rate - (Domestic inflation - Foreign inflation)

= 0 - (10 percent - 0 percent )

= - 10 percent

Here,

the negative sign depicts that the exchange rate will depreciate

Hence,

the answer is option (c) depreciate by exactly 10 percent

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3 years ago

An investment management firm has been hired by ETV Corporation to work on an additional public offering for the company. The fi

jeka94

Answer:

b. Place the company on a restricted list and give only factual information about the company.

Explanation:

There is an ethical problem in the scenario that borders on professional code of conducts in the area of objectivity and independence.

It was stated in the scenario that ''the head of the investment banking department has asked the head of the brokerage unit to change the recommendation from "sell" to "buy."

This is a case of wanting to interfere with the objectivity of the recommendations which should be based on facts not bias.

Secondly, the head of investment banking is trying to interfere with the independence of the head of brokerage unit.

According to the Standards, the head of the brokerage unit would be permitted to place the company on a restricted list and give only factual information about the company.

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3 years ago