The risk that Sarah run if she chooses a long-term care policy with a short benefit period of 2 year is: d. Both a and c.
<h3>What is long-term care policy?</h3>
Long-term care policy can be defined as the type of policy that help to cover medical expenses or medical cost for a long period of time.
Choosing a long-term care that has a short health benefit has some risk reason being that in a situation where she needs medical care beyond the stipulated two years , Sarah will have to pay for the cost of those medical care from her savings.
Inconclusion the risk that Sarah run if she chooses a long-term care policy with a short benefit period of 2 year is: d. Both a and c.
Learn more about long-term care policy here:brainly.com/question/24167880
Answer: The economy during that time period was quite bad. Properties were not selling for a lot of money, due to a bad economy, where a lot of peoplecould not afford pricey land
Explanation:
Answer:
Bond M= $21,914.32.
Bond N= $6,131.14
Explanation:The price of any bond (or financial instrument) is the PV of the future cash flows. Even though Bond M makes different coupons payments,to find the price of the bond,we just find PV for the cash flows
Answer:
real options perspective
Explanation:
A real options perspective means that the investor has the right but not the obligation to invest in the other company, and/or has the right to buy it, but it is not required to do so. In this case, Fervana can invest if it considers it suitable or it can buy the start-up, buit it doesn't need to do anything if it doesn't want to.
Answer:
- This type of fraud is check tampering
- It amounts to 20.1% of fraud cases in small businesses, and 8.4% of fraud in large businesses
- This type of fraud can be prevented by rotating employees that handle check issuance to vendors, review of budget versus actual expenditure, monitoring of audit trail to see if beneficiary was changed, daily statement download for reconciliation, and restriction of functions for example a employee that issues checks should not also reconcile bank statement.
Explanation:
Check tampering is a very common fraud that involves changing the beneficiary of a valid check so that funds can be diverted.
In the given scenario the accounts payable clerk was able to change checks to his name in order to divert $10,000. This was only discovered by chance when an employee noticed the change in name.
Various internal control measures can be taken to prevent this and they are listed above