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Brut [27]
3 years ago
12

Sharing the financial consequences associated with risk in the insurance industry is sometimes called

Business
1 answer:
n200080 [17]3 years ago
7 0
Sometimes called risk pooling 
You might be interested in
Companies that have become successful with a limited standard product offering often fall into the trap of subsequently broadeni
DiKsa [7]

Answer:

True

Explanation:

When a company successfully offers a product or few products to customers, it tends to expand the range of products it has to offer.

For a <u>company to increase its range of products successfully, it has to realize that it must make corresponding changes to its processes to accommodate the addition of new products.</u>

However <em>oftentimes, companies do not make the necessary changes to their process strategy when expanding their product offerings.</em>

8 0
4 years ago
Cost of Merchandise Sold
galben [10]

Answer:

$441,000

Explanation:

The computation of the cost of merchandise sold is shown below:

Cost of merchandise sold = Opening inventory + net purchase - ending inventory

where,

Opening inventory  = $14,500

Net purchase is

= $475,000 - $15,000 - $9,000 + $7,000

= $458,000

And, the ending inventory is $31,500

So, the cost of merchandise sold is

= $14,500 + $458,000 - $31,500

= $441,000

4 0
3 years ago
Is it customary for a feeder fund to be able to keep all client fees
Karo-lina-s [1.5K]

Answer:

It is customary for a feeder fund to keep all client fees

Explanation:

3 0
4 years ago
The functions of money are to serve as a rev: 06_06_2018 Multiple Choice resource allocator, a method for accounting, and a mean
aliina [53]

Answer:

unit of account, a store of value, and a medium of exchange.

Explanation:

Functions of money

1. Medium of exchange : money can be used to exchange for goods and services. For example, money serves as a medium of exchange when you pay $20 for your favourite jeans

2. Unit of account : money can be used to value goods and services, For example, $20  is the value of your favourite jeans

3. Store of value : money can retain its value over the long term, this it can be used as a store of value

6 0
3 years ago
Jared eagerly agreed to edit the employee handbook but procrastinated until the evening before he was to submit his work. Then h
german

Answer: energy

 

Explanation: In simple words, energy refers to the strength and vitality that must be present to initiate and complete a mental and physical activity. Energy drives the force that leads to changes in variables.

In the given case, Jared initiated the project but lacked vitality off continuing and completing it due to lack of focus and happening of errors. Thus, we can conclude that he lacked energy.

4 0
3 years ago
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