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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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Victoria is a top executive working with the managers in the major divisions of a multinational corporation to develop their own
fredd [130]

Answer:

The answer is B

Explanation:

Top-down management or leadership which happen or occurs when the goals, objectives, tasks and projects are determined or evaluated among the firm or the company senior leaders, generally independently of their teams.

So, in this case, top executive working with the managers in order to develop or create their own goals. This approach is known as the top down leadership.And under this the tasks, projects are then communicated to the teams.

5 0
3 years ago
Who was assassinated during a visit to Sarajevo in Bosnia?
Lostsunrise [7]
Arch duke of Fran's Ferdinand. Hope this helps
8 0
3 years ago
Read 2 more answers
Trevorrow Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets
a_sh-v [17]

Answer:

Activity Variance for net operating Income  =   $ 10598 Unfavorable  

Explanation:

Activity Variance for net operating Income  =   $ 10598 Unfavorable      

                                     Actual                           Budgeted

                                   6600 Units                     6600 Units

Revenue                            $194,472                $   185,460                            

       

Direct labor                       $16,145                     $ 16500

Direct materials                 $67,059                  $ 68640

Manufacturing overhead   $45,587                   $ 45620

Selling and

<u>Administrative expenses     $25,363                $ 24980</u>

Total Expenses                    $ 154154                    155740

Net Op. Income                     $ 40,318                 $ 29,720              

 

The activity variance for net operating income =  Actual- budget=    

                                                            = $ 40,318   - $ 29,720

                                                            =   $ 10598 Unfavorable                        

3 0
3 years ago
Which of the following is a subjective-rather than an objective-factor that colleges might evaluate when looking at your applica
sashaice [31]
The correct answer is C. the impression you make on admissions officers during an on-campus interview.
The rest of the options are quite objective - these officers have a certain set of rules that every applicant has to meet in order to be enrolled in a university. However, what is subjective about this is the effect that the applicant may have on the officers - the better the impression is, the more likely it is that he or she will be admitted into their preferred university.
5 0
3 years ago
Read 2 more answers
AJ Manufacturing Company incurred $50,000 of fixed product cost and $40,000 of variable product cost during its first year of op
NARA [144]

Answer:

AJ Manufacturing Company

Multi-Step Income Statement

For the year ended xx xx, xxxx

Revenue

Sales                                                                         $160,000

Cost of Goods Sold

Variable Product cost                               $40,000

Fixed Product cost                                    <u>$50,000</u>

                                                                                 <u>$90,000</u>

Gross Income / Income                                           $70,000

Less: Operating Expenses

Variable Selling & Administrative costs  $13,000

Fixed Selling & Administrative costs       <u>$16,000 </u>

                                                                                 <u>$29,000</u>

Net Profit / Income                                                  <u>$41,000</u>

Explanation:

GAAP require two types of the income statements

  1. Single-Step Income Statement
  2. Multi-Step Income Statement

In single step income statement all revenue are calculated  and all expense are deducted from revenue to calculate net profit.

In multi-step the expenses are classified in the product / manufacturing expense and operating expenses. First manufacturing expenses are deducted from the net revenue to calculate the gross profit and then operating expense are deducted to calculate operating / net profit / income.

7 0
3 years ago
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