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3 years ago

What type of life policy covers two people and pays upon the death of the last insured?

1 answer:

7 0

The type of life policy that covers two people and pays upon the death of the last insured is the survivorship life policy, or, to be more precise, we are talking here about the Last Survivor Life Insurance.
If two or more people decide to pay for that type of insurance, once one of them dies, the other one will get the money from the deceased person's death. It is a good type of insurance for spouses, especially older ones, because the other person will be insured.

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As workers demand higher wages to produce automobiles, how will this influence the automobile market?

Natali [406]

<span>Market supply would decrease because costs of production would be higher</span>

8 0

3 years ago

If the month-end bank statement shows a balance of $72,000, outstanding checks are $54,000, a deposit of $15,000 was in transit

barxatty [35]

Answer:

The correct answer was supposed to be $36,000 which is not in the given choices.

Explanation:

correct balance in the bank account

= As per bank statement balance - outstanding checks + deposit in transit + check erroneously charged

= $72,000 - $54,000 + $15,000 + $3,000

= $36,000

5 0

4 years ago

ABC has the following information for the current year: Budgeted indirect costs are $4,000, the budgeted allocation base is 2,00

Marrrta [24]

Answer:

$2 per hour

Explanation:

<u>Given</u>: Budgeted indirect cost $4000

Budgeted allocation base ; 2000 hours

Actual indirect costs incurred: $4200

Actual allocation base : 2050 hours

Standard rate for allocation of indirect cost = Budgeted indirect cost/Budgeted allocation base

= $4000/2000 hrs

= $2 per hour

Budgeted or standard indirect cost rate refers to the estimated indirect cost rate which is arrived at by dividing budgeted expenses by budgeted allocation base i.e budgeted hours here.

8 0

3 years ago

A company is hiring professionals for web designing. The firm is small with few resources. They want employees who possess probl

Tatiana [17]

Answer:

Those who possess required skills.

Explanation:

Considering the firm's size and having a few resources, the firm should select employees who possess the following 3 important skills:

1. Honesty, and a Strong Work Ethics; this employees can be trusted with tasks, and may possess high moral standards beneficial for success.

2. Intelligence

they should be teachable and this may be proven by the use of an IQ or personality test.

Their professionalism is well reflected by their ability to introduce new technologies in web design.

3. Leadership Skills

This employees are vital for the long-term growth of the firm.

They could effectively lead teams, train new team members and boost the firm's workplace productivity.

5 0

3 years ago

A professional gambler moves from a state where gambling is illegal to a state where gam-bling is legal. Most of his income was,

Murrr4er [49]

Answer:

The answer is: A) raises GDP.

Explanation:

If a gambler is a professional gambler (pays income tax on his gambling earnings) then when he moves from a state that prohibits gambling to a state that allows gambling, his earnings will increase the GDP.

The GDP only considers legal income, so illegal activities such as prostitution, drug trafficking, or illegal gambling are not included in the GDP. But if they become legal (e.g. some states legalized marijuana) then they should be included in the GDP.

4 0

3 years ago