Answer:
As we've lightly touched on already, entrepreneurial enterprises provide citizens with paying jobs in order to operate and grow. They also provide employees with the means to further grow one's own earning potential through training and on-the-job experience.
<span>This liability is called the insurer's
"loss reserve".</span>
Loss reserve<span> is
a gauge of an insurer's liability from future cases. <span>Loss reserves</span> most often contain liquid resources,
and they enable the insurer to cover claims made against strategies that it
endorses. Assessing liabilities can be a difficult task. Insurers need to regulate loss reserve
estimations as the situation change.</span>
Taxable income, generally speaking, is the gross income of an individual or corporation, less any allowable tax deductions. Your taxable income is, in other words, the amount of your income that is subject to income tax.
Answer: c. fixed-position layout.
Explanation:
This is a system that addresses the layout requirements of stationary projects.
Here, project remains in one place and workers and equipment come to that one work area.
Examples are plane, ship, highway, a bridge, a house, and an operating table in a hospital, etc.
Answer:
The statement is: False.
Explanation:
Managers must <em>make decisions based on facts and support data</em> -such as the accounting books of the company- since those sources provide <em>objective information</em> on what is happening in regards to the organization. Even if they might be allowed to follow their instinct in taking risky investment decisions, a <em>study </em>must be made before taking a step forward to analyze what the best output could be.
Thus, guessings and personal points of view are not enough for managers to conduct business.
