1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
zavuch27 [327]
2 years ago
11

An insurance company assigns more complex loss cases to a:_____.

Business
1 answer:
Ratling [72]2 years ago
7 0

An insurance company assigns more complex loss cases to a claims adjustor.

What is claims adjustor?

A claims adjuster looks into insurance claims to ascertain the scope of covering a business's obligation. Claims adjusters can deal with both liability claims involving third parties' property damage or personal injuries as well as property claims involving damage to structures.

The claimant is interviewed, any potential witnesses are questioned, records (including police or medical records) are checked, and any relevant property is inspected by the claims adjuster as they go through each case.

To learn more about claims adjustor visit:

brainly.com/question/8192082

#SPJ4

You might be interested in
Journalizing transactions, posting journal entries to four-column accounts, and preparing a trial balance
andriy [413]

Answer:

1. Record each transaction in the journal. Explanations are not required.

April 1

Dr Cash 70,000

    Cr Common stock 70,000

April 3

Dr Office supplies 1,100

Dr Furniture 1,300

    Cr Accounts payable 2,400

April 4

Dr Cash 2,000

    Cr Service revenue 2,000

April 7

Dr Land 30,000

Dr Building 150,000

    Cr Cash 40,000

    Cr Notes payable 140,000

April 11

Dr Accounts receivable 400

    Cr Service revenue 400

April 15

Dr Salaries expense 1,200

    Cr Cash 1,200

April 16

Dr Accounts payable 1,100

    Cr Cash 1,100

April 18

Dr Cash 2,700

    Cr Service revenue 2,700

April 19

Dr Accounts receivable 1,700

    Cr Service revenue 1,700

April 25

Dr Utilities expense 650

    Cr Accounts payable 650

April 28

Dr Cash 1,100

    Cr Accounts receivable 1,100

April 29

Dr Prepaid insurance 3,600

    Cr Cash 3,600

April 29

Dr Salaries expense 1,200

    Cr Cash 1,200

April 30

Dr Rent expense 2,100

    Cr Cash 2,100

April 30

Dr Dividends 3,200

    Cr Cash 3,200

2. Open the following four-column accounts including account numbers:

3. Post the journal entries to four-column accounts in the ledger,

I used an excel spreadsheet to answer questions 2 and 3

4. Prepare the trial balance of Theodore McMahon, Attorney, at April 30, 2018.

In order to prepare a trial balance we must prepare an income statement first.

Service revenue $6,800

Salaries expense -$2,400

Rent expense -$2,100

<u>Utilities expense -$650 </u>

Net income $1,650

retained earnings = net income - dividends = $1,650 - $3,200 = -$1,550

  Theodore McMahon, Attorney

               Balance Sheet

<u>For the Month Ended April 30, 2018</u>

Assets:

Cash $23,400

Accounts receivable $1,000

Prepaid insurance $3,600

Office supplies $1,100

Furniture $1,300

Land $30,000

Building $150,000

Total assets: $210,400

Liabilities and Equity:

Accounts payable $1,950

Notes payable $140,000

Common stock $70,000

Retained earnings ($1,550)

Total liabilities and equity: $210,400

Download pdf
<span class="sg-text sg-text--link sg-text--bold sg-text--link-disabled sg-text--blue-dark"> pdf </span>
<span class="sg-text sg-text--link sg-text--bold sg-text--link-disabled sg-text--blue-dark"> pdf </span>
7 0
3 years ago
Ai​ Lun, a management trainee at a large New Yorkdashbased ​bank, is trying to estimate the real rate of return expected by inve
QveST [7]

Answer:

Ai​ Lun estimate that  real rate would be 1%

Explanation:

The Formula for the Real Rate of Return is

Real rate of return =Nominal interest rate - Inflation rate

In this case ,

Nominal interest rate =3%

Inflation rate  is given by the rising of the consumer prices =2%

So,  

Real rate of return =3% - 2%

Real rate of return=1%

5 0
3 years ago
If 3,000 is invested at 7% for 6 months,how much simple interest is earned
Shtirlitz [24]
I believe the answer would be $126,000 because 3,000*7*6 equals 126,000. I may have done it wrong since I haven't done this in a while.
4 0
3 years ago
Is a management program that seeks to improve the quality of process outputs by identifying and removing the cause of defects an
Art [367]

Quality management is a management program that seeks to improve the quality of process outputs by identifying and removing the cause of defects and variations in various processes.

Management is the management of an organization, such as a corporation, non-profit organization, or government agency. This is the art and science of managing company resources.

Management is the dynamic process of getting things done by others with the goal of achieving a common goal effectively and efficiently. All functions, from planning to organization, personnel allocation, management, and generalization, are essential for the smooth execution of management in an organization.

Corporate governance is the coordination and organization of business activities. Business managers oversee operations and help employees achieve peak productivity.

Leran more about management here:brainly.com/question/1276995
#SPJ4

4 0
1 year ago
If GDP exceeds aggregate expenditures in a private closed economy: A. Saving will exceed planned investment B. Planned investmen
Leya [2.2K]

Answer:

The correct answer is A

Explanation:

GDP stands for Gross Domestic Product, it measures the economic activity value within a Country. It is the total of the market prices or the values of all the final goods and the services produced in the economy.

When the economy is private as well as closed, then the GDP is more than the aggregate expenditure, then the savings from the household exceed the planned investment.

4 0
3 years ago
Other questions:
  • Which of the following statements is FALSE? A) If we increase the fraction invested in the efficient portfolio beyond 100%, we a
    11·1 answer
  • Fabriq Inc., a cosmetics company, hired a well-known movie star to appear in its advertisements. The company hoped that using a
    10·1 answer
  • OFUNILS
    14·1 answer
  • A process that produces computer chips has a mean of .04 defective chip and a standard deviation of .003 chip. The allowable var
    8·1 answer
  • Identify two changes to personal information which you must report to your employer.
    10·1 answer
  • What is a contact list
    9·2 answers
  • 13. You have started your first job today, and you want to buy a house within 3 years. You are currently saving for the down pay
    15·1 answer
  • 1. In the problem solving process, which step comes before Take Action?
    9·1 answer
  • Delta Diamonds uses a periodic inventory system. The company had five one-carat diamonds available for sale this year: one was p
    7·1 answer
  • The required volume of output to produce the motors will not require any incremental fixed overhead. Incremental variable overhe
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!