Answer:
C. emphasize basic economic relationships by purposefully simplifying the complexities of the real world.
Explanation:
Option E, All the above are examples of funded retention
Explanation:
Funded retention — risk management term refers to a program in which an entity retains assets in advance, instead of distributed to the insured or another group, to pay for risks incurred by the company.
The insurance exclusion is a common example of a transfer of risk to save premiums, as a deduction is a limited risk that can save insurance premium costs for greater risks.
Based on the cost or absence of commercial insurance companies actively maintain certain risks–which is commonly known as self-insurance.
Answer:
customer experience.
Explanation:
The ease with which the customer can place and receive their order as well as other aspects of value that the sales staff provides is customer experience.
Customer experience is the total of all experiences a customer has with the business, based on all interactions and thoughts about the business.
Customer experience can also be said to be the result of every interaction a customer has with an organization's business, from navigating the website to talking to customer service and receiving the product/service they bought from the organization.
The financial system sees commercial enterprise cycle fluctuations in preference to slow, easy boom is a crucial trouble of Economic shocks.
The required details for Economic shocks in given paragraph
An financial surprise refers to any extrude to fundamental macroeconomic variables or relationships that has a considerable impact on macroeconomic effects and measures of financial performance, which includes unemployment, consumption, and inflation. Shocks are regularly unpredictable and are generally the end result of occasions concept to be past the scope of regular financial transactions. Economic shocks have full-size and lasting outcomes at the financial system, and, in accordance to actual commercial enterprise cycle theory (RBC), are concept to be the foundation purpose of recessions and financial cycles. Economic shocks are random, unpredictable occasions which have a full-size effect at the financial system and are due to matters outdoor the scope of financial models.
Economic shocks may be labeled with the aid of using the financial area that they originate from or with the aid of using whether or not they mainly affect both deliver or demand. Because markets are connected, the outcomes of shocks can pass via the financial system to many markets and feature a main macroeconomic effect, for higher or worse.
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Answer and Explanation:
For preparing the retained earning statement first we have to determine the net income or net loss which is shown below:
= Service revenue - supplies expense - Maintenance and repairs expense - advertising expense - utilities expense - salaries and wages expense
= $7,800 - $1,100 - $690 - $400 - $210 - $1,500
= $3,900
Now the preparation of the retained earning statement is presented below:
Crane Company
Retained Earnings Statement
For the month of June
Beginning balance $ -
Add: Net income $3,900
Less: Dividends ($1,521)
Ending balance $2,379
