The clause in an accident and health policy which defines the benefit amounts the insurer will pay is called the Insuring clause.
Insuring clause is a provision in an insurance policy that stipulates the risks assumed by the insurer. The insurer agrees to pay on behalf of the insured all sums that the insured shall become legally obligated to pay as damages because of bodily injury, sickness or disease, wrongful death, or injury to another person's property.
"The cost of creating an email campaign for a product or a service is typically more expensive and takes longer to conduct than a direct-mail campaign" is FALSE.
<u>Option: </u>B
<u>Explanation:</u>
Email campaigning is the practice of mailing out a promotional message via online, usually to a collection of people. Each email sent to a prospective or existing client may be regarded email advertising in its purest sense.
It automatically sends ads, soliciting business, or soliciting sales or donations via email. This process is faster than direct-campaign, because direct is time taking and hectic. Require huge manpower and not that effective as e-mailing, as people are more active and available too in online than offline.
Answer:
As we know the internal controls are not effective after a passage of time because there are familiarity threats which might result in the unethical behavioral implications. So to prevent or detect the management unethical behavior, we can do the following things:
Segregation of Duties
Checking the effectiveness of the internal control after every year or semi year.
Using only company bank account for all the payments and receipt.
Redesigning policies of the organization to ensure effective working of the internal controls.
Bank reconciliation at the month end
Answer:
political risk.
Explanation:
political risk: This is risk or changes in government policy that adversely affect the fortune of companies operating in a country. Since Italian government expropriated the company paid only €80,000 as again €125,000 that the company worth. The company has suffered political risk.
Exchange rate risk or currency risk: It is a risk arising from frequent changes in exchange rate or amount in which a country's currency can be exchange for another currency. Since exchange rate remain the same i.e. $1.25 = €1.00, exchange rate risk did not occurred.
