Answer:
B) C and D
- C. Whole life insurance
- D. Annuities
Explanation:
Anti-Money Laundering (AML) regulations identified the following insurance products as covered products:
- Permanent life insurance policy, other than a group and term life insurance policy
- An annuity contract, other than a group annuity contract
- Any other insurance product with features of cash value or investment.
The AML's main goal is detect and stop terrorist financing.
Answer:
b. A truck held for resale by an automobile dealership
Explanation:
Property plant and equipment are physical or tangible assets used by an organization in the ordinary course of business. They include Land and building used in ordinary business operations, plant and machinery used in production, Land improvements, such as parking lots and fences etc. Such assets are usually depreciated as they are used and in accordance with the organization's policy. However, assets held for sale are not used by the organization in the ordinary course of business rather, the company holds them till such assets are sold. No depreciation is computed on the assets held for sale. Hence, from the options given, a truck held for resale by an automobile dealership is the only item held for sale and does not qualify for recognition as property plant and equipment. The right answer is b.
<span>One benefit to Mr. Westmark's decision is that it gives customers more flexibility when it come to buying. Customers can exceed the company's net earnings and get a better understanding of what they're buying. They get to know what the company gains from the deal, and the final cost.</span>
Answer:
c. public accountant
Explanation:
Kimberly would be classified as public accountant. Since it has been mentioned that kimberly has been helping Jonah in setting up accounting system, facilitating with tax forms she would be classified as public accountant as they give advice facilitate on financial information to different clients and individuals. Public accountant serves businesses on their fee as mentioned in the text kimberly is doing that. Other duties of public accountant will be providing services like accounting expertise, auditing, and tax services to their clients.
Answer:
The individual's pay relative to company's average pay for that position.
Explanation: Compa-ratio is a term used by Recruitment managers in organisations to determine what a new recruit is likely going to be paid.
This ratio compares the person's position to those of others with an industry and know the average payment to offer the person. For example,a person with a Compa-ratio of 0.5 means the people is earning 50% less the average salary for his or her position.
