Answer:
A judgement rating is an insurance rate that an underwriter assigns to a particular risk based on their subjective evaluation of that risk. Judgement ratings are frequently done on an individual basis and rely heavily on the experience, perception, and talent of the underwriter who makes the final evaluation.
Answer:
More , High ( D )
Explanation:
As far as GOODS (compared to services) are concerned, there is More opportunity to correct problems due to High customer contact.
and this is because when dealing with Services instead of Goods the direct customers of services are people hence the level of accessibility to enable the prompt correction of problems that might arise is very high and its faster as well to do that
Answer: C. $40 million.
Explanation:
By granting them 15 million shares subject to forfeiture if employment is terminated within three years, the company is compensating them.
The total amount that they will be compensated with has to be apportioned over the 3 years as an expense that will reduce earnings per year.
Total compensation = No. of shares * fair value of shares
= 15,000,000 * 8
= $120,000,000
Apportioned over 3 years;
= 120,000,000/3
= $40,000,000
Answer:
C. It is done to postpone taxes to a future date
Explanation:
Selling short against the box can no longer be done to defer tax to the next tax period
Answer:
The answer is C. Debit to Supplies for $2,800
Explanation:
Supplies of worth $6,000 was purchased in Aug.
And on Aug. 31, $3,200 balance was left.
That means $2,800($6,000 - $3,200) has been used.
The supplies expense account will he debited for $2,800.
Note that expense increases with debit and credit decreases expense.
Option B, D, E are wrong because the expense increases and not decreases.
