The deductible is the amount a person must pay before their insurance will start to pay. For instance, say you have a $1,000 deductible on your car and you have a wreck that causes $3,000 worth of damage. the driver would have to pay the $1,000 first and then the insurance will help cover the other $2,000 at the rate the policy stipulates.
As for pricing, the insurance policies with higher deductibles (meaning the subscriber pays more for losses), the insurance premium would be cheaper than those policies with a smaller deductible.
Answer:
stockholer's equity will be overstated by $800.
Explanation:
The adjustment required is to record $800 of supplies used as an expense, hence, by carrying out the adjustment, net income is overstated by $800 so also retained earnings and shareholders' equity.
In other words,the balance that would be left in supplies is opening balance of $200 plus purchase of supplies which is $950 minus the supplies used.
balance of supplies=$200+$950-$800=$350
Option B is wrong the balance expected is $350 and the balance without adjustment is $200,that is $150 understatement not $350
Answer:
Path-Goal Leadership Theory
Explanation:
Path-Goal Leadership Theory -
This theory was given by Robert House , in the year 1971 .
It refers to the type of leadership theory , where the behavior of the leader depends on the performance , motivation and satisfaction of the other employees , is referred to as the path - goal leadership theory .
It is also referred to as path–goal theory of leader effectiveness .
Hence , from the given information of the question ,
The correct answer is Path-Goal Leadership Theory .
Answer:
A. That money earns interest when the bank loans it out.
Explanation:
Banks pay their customers interest on the money in their accounts because that money earns interest when the bank loans it out.
Answer:
Businesses are generally free of government ownership and
control
Explanation: The answer is C.
