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Sophie [7]
4 years ago
6

Insurance premiums are calculated by analyzing clients’ potential level of risk. Which of the following drivers would most likel

y pay the LOWEST auto insurance premium?
Experienced driver with 120 mile commute to work


Experienced driver with a good driving record


New driver with less than one year of experience


Driver with multiple accidents in recent years
Business
1 answer:
siniylev [52]4 years ago
7 0

Answer:

The correct answer is letter "B": Experienced driver with a good driving record.

Explanation:

Insurances do take into consideration the level of risk individuals represent according to the type of coverage they apply for. While talking about car insurance, <em>an experienced driver with a good driving record represents a minimum risk for the company, thus, the individual will likely pay a lower premium than someone who has had several vehicle accidents with a negative driving history.</em>

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Costs that vary in total in direct proportion to changes in an activity level are called: Group of answer choices fixed costs su
mina [271]

Answer:

variable costs

Explanation:

Fixed costs are costs that do not vary with output. e,g, rent, mortgage payments

If production is zero or if production is a million, Mortgage payments do not change - it remains the same no matter the level of output.  

Hourly wage costs and payments for production inputs are variable costs

Variable costs are costs that vary with production

If a producer decides not to produce any output, there would be no need to hire labour and thus no need to pay hourly wages.  

7 0
3 years ago
Northwest Hospital is a full-service hospital that provides everything from major surgery and emergency room care to outpatient
irina1246 [14]

Answer:

Explanation:

The direct cost is the cost that is directly related to production. The example is direct material cost, direct labor cost, etc whereas the indirect cost is the cost that is not directly related to the production. It is also known as overhead cost only records all indirect cost i.e depreciation on equipment of factory, property taxes, etc

Based on this, the classification is as follows

1 The wages of pediatric nurses / The pediatric department  = Direct cost (D)

2 Prescription drugs / A particular patient  =  Direct cost (D)

3 Heating the hospital / The pediatric patient  = Indirect cost (D)

4 The salary of the head of pediatrics / The pediatric patient   =  Direct cost (D)

5 The salary of the head of pediatrics / The particular pediatric patient   = Indirect cost (D)

6 Hospital chaplain's salary / A particular patient    = Indirect cost (D)

7 Lab tests by outside contractor / A particular patient  =  Direct cost (D)

8 Lab tests by outside contractor / A particular department =  Direct cost (D)

5 0
3 years ago
A major financial institution hired a renowned security firm to attempt to compromise its computer network. A few days later, th
Mashutka [201]

Answer:

detective control.

Explanation:

Cyber security can be defined as preventive practice of protecting computers, software programs, electronic devices, networks, servers and data from potential theft, attack, damage, or unauthorized access by using a body of technology, frameworks, processes and network engineers.

IDS is an acronym for intrusion detection system and it can be defined as a security system which is typically used to monitor network traffic and it notifies the engineer when there's a malicious activity.

Generally, the detection methods used by the Intrusion Detection Systems (IDS) are;

1. Statistical anomaly-based detection.

2. Stateful protocol analysis detection.

3. Signature-based detection.

Hence, the operations in this scenario is an example of a detective control which avails a business firm information about vulnerabilities that exist in its network system.

8 0
3 years ago
Caspian Sea Drinks needs to raise $26.00 million by issuing additional shares of stock. If the market estimates CSD will pay a d
Klio2033 [76]

Answer:

The number of shares needed to raise $26 miliion will be 590909 shares.

Explanation:

To calculate the number of shares needed to raise $26 million, we first need to findout the price per share at which shares are issued. The fair value or the price per share can be caclculated using the constant growth model of the DDM approach. Thus, the price per share today will be:

P0 = 2.46 / (0.1024 - 0.0465)

P0 = $44.007 rounded off to $44

Thus, at the price of $44 per share, number of shares needed to raise $26 million will be:

No of shares = 26,000,000 / 44  = 590909.0909 rounded off to 590909 shares

4 0
3 years ago
Read 2 more answers
Before driving to a familiar destination, you should: A. Anticipate taking the same amount of time as always B. Call ahead to ma
Ivenika [448]
D. You should always check before if there would be delays
7 0
4 years ago
Read 2 more answers
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