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Andreyy89
3 years ago
12

Kiara filled out a life insurance application and was given a policy illustration that showed future premiums being paid out of

nonguaranteed values. This illustration must disclose that
Business
1 answer:
maria [59]3 years ago
7 0

Answer: The illustration must show that the policy owner (Kiara)<em> </em><em>may need to resume paying the premium payments depending on actual results. </em>

The policy owner will need to determine if this is the right policy for her and her family. The illustration should be truthful about how the policy will perform for the buyers lifetime. The illustration should also show the financial projections for each year so the buyer can determine if the plan fits their budget.

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Depreciation is the accountant's estimate of the cost of ______ used in the production process matched with the benefits produce
faust18 [17]

Answer:

Fixed assets and equipment

Explanation:

Depreciation is the accountant's estimate of the cost of fixed assets and equipment used in the production process matched with the benefits produced from owning it.

It is the decrease in the value of assets and the method used to reallocate the cost of asset over its useful life span.

Assets can be categorized as :

1. Current

2. Fixed

3. Tangible

4. Intangible assets.

In accounting, there are several standard methods of computing depreciation expense:

1. Fixed percentage

2. Straight line

3. Declining balance methods.

4 0
3 years ago
ne of the most common mistakes new business owners make is A. not establishing a good relationship with a financial institution.
SCORPION-xisa [38]
One of the most common mistakes new business owners make is C. setting unrealistic goals
As a new business owner, you have to determine your goal for your business which is achievable.
3 0
3 years ago
Read 2 more answers
Which is an example of a high-risk investment?
vladimir1956 [14]
The answer is A stock in a start-up company
6 0
3 years ago
Read 2 more answers
What is a philosophy that aggressively seeks to improve product quality by eliminating causes of product defects and making qual
rodikova [14]

Answer:

Business Process Re-engineering is business philosophy that seeks to improve product by eliminating causes of product defects and making quality an all-encompassing organizational watchword.

Hence A is correct

Explanation:

It is an holistic approach to rearranging business and organisation's workflows with a view to identifying sub-optimization and inefficiencies that are deep-rooted in its processes which are cost-consuming but do not add value to business bottom-line(profitability).

Implementing a BPR project is a painstaking effort in that it is a way of telling employees to dump old ways of doing of things which they are probably more comfortable with and embrace change.This is the case as an average human tends to resist change.

3 0
3 years ago
In business, a message written to right a wrong is called a claim. Straightforward claims are those where the receiver is expect
REY [17]

Answer: A clear statement of the problem

Explanation:

The opening of a direct claim message should clearly state the problem that you would like to be addressed by the receiver and would set the tone for the rest of the message.

Claim messages are formal messages and as such, should be clear and concise so that the message is communicated effectively and there is a lesser chance of the message being misread. This is why the message should be clearly stated, so that the receiver understands it and responds in kind.

5 0
2 years ago
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