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stealth61 [152]
4 years ago
13

Richard Beck has a life insurance policy which he has modified to include an accidental death benefit payable to his son and dau

ghter. This modification has most likely been done by attaching a(n) ____ to the policy.
1. double indemnity provision
2. accelerated benefits
Business
1 answer:
Ksju [112]4 years ago
7 0

Answer:

The correct answer is number (1): double indemnity provision.

Explanation:

A double indemnity provision is added in life insurance to double the amount the beneficiaries of the policyholder receive in front of his or her death in an accident. Double indemnity provision does not cover events in which the policyholder dies because of natural reasons or when those individuals had hazardous jobs. Premiums are higher with a double indemnity provision.

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A ______ provides the opportunity for distributed practice, one of the keys to deep and lasting learning.
baherus [9]
<span>A "32-day commitment" provides the opportunity for distributed practice, one of the keys to deep and lasting learning.
</span>
There are number of various advantages of making and keeping a 32-day commitment. To start with, it ensures that you invest some time in undertaking, which is basic to any achievement. Second, a 32-day responsibility naturally gives circulated hone, one of the keys to profound and enduring learning. And third, it encourages you to gain unmistakable ground toward your objective, along these lines raising your desires of progress and your inspiration to endure.
7 0
4 years ago
The organization primarily responsible for establishing accounting and reporting standards in the United States is the Financial
Triss [41]

Answer:

This statement is True.

Explanation:

The Financial Accounting Standards Board (FASB) is the successor of the <u><em>Accounting Principles Board</em></u> and was founded in 1973. Currently based in Norwalk - Conn, the FASB is responsible of establishing the Generally Accepted Accounting Principles (GAAP), and, overall, is in charge of setting accounting and financial reporting standards for public and private companies, as well as non-profit organizations in the United States. The FASB is also currently working to establish worldwide acceptable standards together with the International Accounting Standards Board (IASB).

6 0
4 years ago
True or false: The first decision that is necessary to make merchandise flow is to choose a transportation company.
pantera1 [17]

Answer:

False

Explanation:

What is a transportation company called?

  • Courier companies are usually spin-offs from freight forwarders.
  • There are various types of courier companies, such as airfreight courier companies or road couriers.

To learn more about it, refer

to brainly.com/question/25689052

#SPJ4

8 0
2 years ago
Indicate all items in the following list that are not consumption goods and services and explain why.Item a​: A chocolate barIte
natima [27]

Answer: Option B, D , E

Explanation: In simple words, goods which are not used in the production of other goods rather consumed by the individual to satisfy current wants is called consumer goods.

So, form the above explanation we can conclude that a chocolate bar and a golf ball are consumer goods among all options.

.

B. A ski lift will be used continuously by the owner for its business operation. Hence, not a consumer good.

D. A shopping mall cannot be considered a good. It is a fixed asset to the entity owning it. Hence, not a consumer good.

E. A train will continuously used by the organisation owning it for its business purpose. Hence , not a consumer good.

8 0
3 years ago
Which of the following expressions is correct?A. economic profit = total revenue - implicit costsB. accounting profit = economic
Ilya [14]

Answer:

B. accounting profit = economic profit + implicit costs

Explanation:

Implicit cost are the cost that already incurred but is not necessary to report such as opportunity cost. Whereas explicit cost are those expenses which involve the financial transaction and it is being paid.

Accounting profit is calculated by deducting the explicit cost from the revenue as follow.

* Accounting Profit = Revenue - Explicit cost

Economic profit is calculated by deducting both explicit and implicit costs from revenue.

Economic Profit = Revenue - Explicit costs - Implicit cost

So, using Accounting profit formula we conclude that

Economic Profit = (Revenue - Explicit costs) - Implicit cost

Economic Profit = *Accounting profit - Implicit costs

Accounting Profit = Economic profit + implicit cost

7 0
4 years ago
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