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Rina8888 [55]
3 years ago
13

One source of life and health insurance underwriting information is an organization that life and health insurance companies can

join. as a member, life and health insurance companies report health impairments of applicants, and this information is shared with member companies. although the information is shared, the underwriting decision of the member company is not disclosed. what is this organization called
Business
1 answer:
Flauer [41]3 years ago
6 0

This organization is called <u>"Medical Information Bureau (MIB)".</u>


The Medical Information Bureau is an organization, particularly an enrollment enterprise, who gathers data about health and life coverage candidates.  

The objective of the organization is to help with the endorsing procedure, by giving a way to confirm the data gave in health and life insurance applications.  

Over time, the MIB and the data they give has turned into the standard utilized by life coverage organizations to survey chance while evaluating rating classes to new customers.

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A justification for job training programs is that they improve worker productivity. Suppose that you are asked to evaluate wheth
patriot [66]

Explanation:

1. The ceterus paribus effect gives us to what extent, the effect of a variable has on another variable, while holding all other factors fixed. Analysing job training of workers on productivity will give us results that are not biased since we will not be taking account of other factor variables in the calculations. When 2 firms are the same in almost every aspect apart from number of hours on training, then we will find out that each firm would have different levels of workers output. So we should know if workers output increases due to job training.

2. When it comes to provision of training, furms do these based on characteristics of the workers. Some of these characteristics are measurable while some are immeasurable

Measurable:

Experience on the job,

Productivity

Level of education,

immeasurable :

Skill set

Vision

Likeliness to bstay at firm

3. Apart from worker characteristics, productivity also depends on other factors one of which is technological change. A technological change can bring about increased efficiency and greater output by the worker. Different firms using different capital and technological combination are quite likely to have different output levels.

4. A positive correlation between job training and productivity cannot be used to ascertain if job training makes worker more efficient this is due to the fact that correlation only tells us if variables are in coexistence. So a positive correlation does not tell us that job training is indeed bringing about changes in the productivity of workers.

8 0
3 years ago
An important goal of a responsibility accounting framework is to help ensure which of the following?
MariettaO [177]
<h2>segment and company financial goals are congruent.</h2>

Explanation:

I think the options are missed and hence given below for your reference:

a) decision-making is made by the top executives.

b) investments made by each segment are minimized.

c) identification of operating segments that should be closed.

d) segment and company financial goals are congruent.

Let us understand the meaning:

Congruent: It means two or more things coincides when superimposed.

Financial goals: The target which needs to be achieved in the current financial year.

Segments: Segment speaks about the location, product or service provided by the company.

Financial goals are necessary so that it would be easy to organize and work towards the specific goal.

For the business goal to be achieved, every organization should frame financial targets or goals.

So the important goal is to achieve segment and company financial goals and they become congruent when achieved.

3 0
3 years ago
A business plan is
bonufazy [111]

Answer :

. a proposed firm's goals, strategy for achieving them, and standards for measuring success.

Explanation:

A business plan is a proposed firm's goals, strategy for achieving them, and standards for measuring success.

The business plan outlines how the firm will meet it set goals and objectives and the strategy it will use in achieving them. It must also include how the firm will measure it's success.

It is a written orderly statement of the firm's goals ,methods of achieving the set goals and how it will measure its achievement.

Business plan gives the organisation a sense of purpose.

4 0
3 years ago
1. Monroe Company owns 40% of the voting stock of Nartal Industries, acquired at book value. Nartal reports income of $600,000 f
lesya692 [45]

Answer:

A. $230,400

Explanation:

600,000 x 40% = 240,000

260,000 - 156,000 = 104,000 transfers of goods intra-entity at sale price

we divide by the markup to know the cost:

104,000 / 1.3 = 80,000 cost of the goods

gross margin 104,000 - 80,000 = 24,000

we will eliminate 40% of the gross margin

24,000 x 40% = 9,600

This amount will be eliminate from the incoem statemnet:

240,000 - 9,600 = 230,400

7 0
3 years ago
Tan Company acquires a new machine (ten-year property) on January 15, 2017, at a cost of $200,000. Tan also acquires another new
IgorLugansk [536]

Answer:

b. $25,716

Explanation:

The total cost recovery Deduction is:

10-year property  

MACRS cost recovery ($200,000×0.10)                          $20,000

7-year property  

MACRS cost recovery ($40,000×0.1429)                         $5,716

Total cost recovery                                                      $25,716

Therefore, The total deductions in calculating taxable income related to the machines for 2017 is $25,716.

4 0
3 years ago
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