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kogti [31]
4 years ago
11

Buying the beneficiary position on a life insurance policy of someone who is dying

Business
1 answer:
MaRussiya [10]4 years ago
6 0

Buying the beneficiary position on a life insurance policy of someone who is dying is referred to as <u>Viatical Settlement</u>

Explanation:

  • <u>Viatical settlement</u> refers to the sale of a life insurance policy by the owner to a third party for a amount which is more than its surrender value but less than its net death benefit.
  • Viatical settlement provides the policy owner with a lump some amount of money.
  • The <u>viatical settlement </u>is tax-free as per the Health Insurance Portability and Accountability Act (HIPAA) 1996

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When activity-based costing is used to apply overhead to products, support department costs are referred to as Group of answer c
Rainbow [258]

Answer:

Activity-based department costs

Explanation:

Activity Based Costing refers to a method : that allocates the cost of activities in organisation among produced goods & services, in proportion to that activity consumed by each good & service.

The model is  a better representative of particular goods & services production costs, unlike conventional cost methods - that divide the activity cost among each good or service equally. It assigns more indirect (overhead) costs into direct costs compared to Conventional Costing.

So, the approach states that overhead to products, supporting department costs - are referred to as <u>Activity Based</u> Department Costs

3 0
3 years ago
The following data relate to a company that produces and sells a travel guide that is updated monthly: Each book sells for $20.0
Arturiano [62]

Answer:

10.30

Explanation:

20

8000

160 000 June

10000

200 000 July

20 - 3.20 -4 - .50 -2 = 10.30

costs:Printing and binding...............................$3.20 per copyBookstore discounts................................$4.00 per copySalespersons’ commissions....................$0.50 per copyAuthor’s royalties...................................$2.00

7 0
3 years ago
Suppose that the prices of good A and good B were to suddenly double. If good A is plotted along the horizontal axis and good B
Zigmanuir [339]

Answer:

The correct answer is option b.

Explanation:

A budget line shows the maximum possible combination of two goods that a consumer can purchase by spending his/her whole income.  

The quantities of those two goods are mentioned on both the axes. If the price of both the products is doubled. The consumer will be able to afford half the quantity than what he was consuming earlier.  

This will cause the budget line to shift to the left. This new budget line will be parallel to the initial one. The slope of the budget line will remain the same.

7 0
3 years ago
Which sentence best explains the mistake Maggie made? Her mortgage payments are high, and some months, she earns barely enough t
blondinia [14]

Answer:

She failed to properly assess her risk of storm damage.

Explanation: Edge 2021

4 0
3 years ago
DVDs can be produced at a constant marginal cost, and Roaring Lion Studios is releasing the DVDs for its last two major films. T
Elena L [17]

Answer:

B) MC = $15

Explanation:

Base on the scenario been described in the question, the marginal cost (MC) is calculated using the following formula

To calculate marginal cost, divide the difference in total cost by the difference in output between 2 systems.

MC = 30-17/20-17

MC = $15

5 0
3 years ago
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