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alekssr [168]
3 years ago
15

Lloyd's of London is not an insurance company, but consists of groups of underwriters called _________, each of which specialize

s in insuring a particular type of risk.A. Reciprocal insurers
B. Risk retention insurers
C. Lloyds of London
D. Self insurersE. Syndicates
Business
1 answer:
worty [1.4K]3 years ago
3 0

Answer:

E. Syndicates

Explanation:

Syndicates in dictionary meaning is a group of people working for a common perspective that means aiming for a common goal.

Llyod's of London also has a group of individuals, and each group is called a syndicate, which basically has a variety of syndicates serving different perspectives of underwriters towards various forms of securities.

Each Syndicate consisting different individuals work together for accomplishing various goals as decided by the syndicate jointly.  

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Deferral adjustments are needed when the business:_______
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Answer: b. pays cash before the expense has been incurred.checked

d. receives cash before the revenue has been generated

Explanation:

Here is the complete question:

Deferral adjustments are needed when the business:

a. pays cash after the expense has been incurred.unchecked

b. pays cash before the expense has been incurred.checked

c. receives cash after the revenue has been generated.unchecked

d. receives cash before the revenue has been generated.

Adjustments are made during the end of every accounting period in order to report the revenues and the expenses in proper period at which they occur and also in order to report the assets and the liabilities at their appropriate amounts.

Deferral adjustment is when the revenue or the expense has been deferred or postponed and will therefore be reported on the income statement at a later period.

Previously deferred amounts will show on the balance sheet when a company pays cash before having to incur the expense or in a case whereby the company gets and collects cash before earning the revenue.

When revenues are made or when expenses are incurred, the previously deferred amounts will have to be adjusted and then, the amounts will be transferred to income statement through the use of the deferral adjustment.

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3 years ago
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aleksandrvk [35]

Answer:

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The person could segment the market grounded on the performance, quality, special features, customer service and other advantages.

Therefore, the fact that the some of the customers want the flavored water bottles and others want to have it with the added minerals, it provides an opportunity for the benefit segmentation.

3 0
4 years ago
Assume that Bullen issued 12,000 shares of common stock with a $5 par value and a $47 fair value for all of the outstanding shar
bogdanovich [222]

Answer:

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Explanation:

See the attached picture for detailed explanation.

3 0
3 years ago
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mart [117]

Answer:

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Explanation:

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1.1. define the following concept social change
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Social change refers to any significant alteration over time in behaviour patterns and cultural values and norms. By “significant” alteration, sociologists mean changes yielding profound social consequences.

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