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3 years ago

12

Which statement best describes the term insurance?

2 answers:

olchik [2.2K]3 years ago

8 0

B) It is a protection that guarantees to pay you in the event of financial losses.

lions [1.4K]3 years ago

4 0

Which statement best describes the term insurance?

B) It is a protection that guarantees to pay you in the event of financial losses.

Insurance protects a person and their assets in the event they have suffered loss, damage, illness or death. A person or company pays another company or government agency an insurance fee and the fee then covers their insurance. In the event you need to file a claim, you would pay your deductible amount and then the insurance policy will come into play and cover the loss of assets.

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The Perry Corporation recorded the following budgeted and actual information relating to fixed overhead costs for its Z-Line of

steposvetlana [31]

Answer:

Volume variance= $1,800 unfavorable

Explanation:

Giving the following information:

Standard fixed overhead per direct labor hour $3

Standard direct labor hours per unit 0.75

Budgeted production 3100

Budgeted fixed overhead costs $6975.00

Actual production in units 3900

Actual fixed overhead costs incurred $2200.00

To calculate the fixed overhead volume variance, we need to use the following formula:

Volume variance= budgeted fixed overhead - fixed overhead applied

Volume variance= 6,975 - [3*(3,900*0.75)]

Volume variance= 6,975 - 8,775= $1,800 unfavorable

8 0

3 years ago

Where can a Master Admin Accountant User view the apps connected to a client’s QuickBooks Online account from within QuickBooks

sashaice [31]

Answer:

The answer is below

Explanation:

A Master Administrator is normally the individual who is tasked at establishing the company file in QuickBooks Online.

In other words, Master Admin possesses access to all portions of the company file and can grant authorizations and access to other users.

Therefore, a Master Admin Accountant User can view the apps connected to a client’s QuickBooks Online account from within QuickBooks Online Accountant by doing the following:

1. Go to Settings

2. Select Manage Users.

3. Select Accounting firms.

4. Under the Company section, Select View Apps.

4 0

3 years ago

Under The Factoring Arrangement, The Factor <br><br>

svetlana [45]

Answer:

Hope this may help you

4 0

3 years ago

Seahorse Incorporated, which only has one product, has provided the following data concerning its most recent month of operation

ra1l [238]

Answer:

Unit product cost = $107

Explanation:

<em>Absorption costing is a method of costing where production units and inventories are value at the full cost per unit. Here, fixed overheads are charged to all units produced using an overhead absorption rate</em>

The full cost per unit = D.mat cost + D.labour cost + Variable overheads+ Fixed overheads

Fixed production overhead cost per unit

=Fixed manufacturing overhead/units produced

= $43,700/ 1,900 Units

=$23 per unit

Full cost per unit

= $42 + $31 + $11 + 23

= $107

7 0

3 years ago

4. Part of delivering an effective slide presentation is making sure you present your material in a logical order. Before you be

grandymaker [24]

Answer: Arranging them in an orderly manner, easy to understand by the audience and when presented

Explanation:

When arranging your slide for presentation, it's necessary that they are arranged in a logical manner, one of the things to have in mind is your objectives, when this is understood, you begin the arrangement of your presentation with your with table of contents, introduction, abstract, would be followed by the chapters, your conclusion and references, all tailored in an orderly manner driving your point home to your audience.

5 0

3 years ago