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Neporo4naja [7]
3 years ago
9

All insurance is based on a principle called

Business
1 answer:
Ipatiy [6.2K]3 years ago
3 0
<span>All insurance is based on a principle called division of risk,this is based on how much risk the ensurer estimates the insured's coverage to be because the riskier the opportunity ( bad health ,area the home is in)the higher the premium cost.</span>
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Fey Corporation uses the equity method of accounting for its investment in a 30%-owned investee that earned $56,000 and paid $18
tatiyna

Answer:

The answer is : C. Investment overstated; retained earnings overstated

Explanation:

Under the equity method of accounting, Fey Corporation should record the correct entry as below:

Dr Equity Investment 16,800

Cr Equity Income 16,800

Dr Cash 5,400

Cr Equity Investment 5,400

As a result, Investment account has been overstated by $5,400 while Dividend Revenue account has been overstated by $5,400. The overstating in Dividend Revenue will subsequently result to the overstating in Retained Earnings account through closing entry.

So, C. Investment overstated; retained earnings overstated is the correct answer.

6 0
3 years ago
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belka [17]

Answer:

222222222222222222

Explanation: counting

7 0
2 years ago
Notes or accounts receivables that result from sales transactions are often called
Allisa [31]

Answer:

The answer is given below;

Explanation:

These are called trade receivables.

When the sales are made on credit,the outcome is accounts receivable which are realized at some point of time as agreed between the seller and buyer.

In case of note receivable,these are amounts owed to the company by the clients who have signed promissory notes as evidence to pay in future.

6 0
3 years ago
Identify the stage in the forming-storming-norming-performing model in which a team meets to learn about a project, agrees on ba
Vedmedyk [2.9K]

Answer:

c. Forming Stage

Explanation:

Forming Stage -

It is the very first stage in the group development.

In this initial stage , the people tries to learn about the task , and get along each other , to understand and start to work together .

This stage may even invite certain conflicts and misunderstanding .

In this stage a basic goal and work allotment is done , all the strategies and works are started in this very stage .

Hence , from the information of the question,

The correct term is forming stage.

5 0
3 years ago
Which of the following terms refers to any direct interface between customers and a company​ (online, by​ phone, or in-person)?
Slav-nsk [51]

Answer:

D. Touchpoint

Explanation:

Touchpoint is the term refer to any direct interface or interaction between customers and a company. Touchpoint bring customer close the brand and it help the business to understand their customer´s need and requirement, which also help to build reputation and penetrate in the market. Company use different customer touchpoint like website, emails, in-store Cashiers, billboards, etc.

Channels are not touchpoint. It is medium to understand where customer come from, however, touchpoint very specific.

6 0
3 years ago
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