Answer: D) the amounts received from customers for goods or services and the amounts paid for the inputs used to provide the goods or services
Explanation:
The profit is the difference between the income and the expenses as:
Profit = Income - expense
Income is money that one earn profit in their business and expenses are the money which we spend. And your total income is your revenue. And if the number is in positive value then, it makes profit. Therefore, (D) is the correct option.
Annual interest rate that factors in compounding effects.
Formula: APY = ( 1 + APR/n )^n - 1
Answer:
b.advertising
Explanation:
Market segment is a strategy that a organisation decides which market to appease.
Market Segments can be drawn from sales territories , groups of customers. and products but not advertising
Answer: (A) Guaranty fund
Explanation:
According to the given question, the Guaranty fund is one of the type of fund that basically helps in paying the various types of unpaid claims.
This type of funds are basically covering the beneficiaries of the insurance organization in which the insurer are basically helps in selling the various types of products and the services in the market.
The guaranty funds is typically used by the administrator for the purpose of protecting the policyholder in the insurance firm.
Therefore, Option (A) is correct answer.
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