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stealth61 [152]
3 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]3 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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For each item listed below, indicate in the space to the right whether the item would be considered a product cost or a period c
Katena32 [7]

Answer:

1. Factory supervisory salaries  <u><em>Production Cost</em></u> Factory Overhead

2. Sales commissions Period Cost Selling expense

3. Income tax expense Period Cost tax expense

4. Indirect materials used <u><em>Production Cost</em></u> Factory Overhead

5. Indirect labor <u><em>Production Cost </em></u>Factory Overhead

6. Office salaries expense Period Cost Administrative expense

7. Property taxes on factory building <em><u>Production Cost</u></em><em> </em>Factory Overhead

8. Sales manager's salary Period Cost Selling expense

9. Factory wages expense <em><u>Production Cost </u></em>Direct Labor

10. Direct materials used   <em><u>Production Cost</u></em> Direct Materials

Explanation:

A period cost is any cost that cannot be capitalized into prepaid expenses, inventory, or fixed assets

Period cost goes straight to expense account

While

Production Cost do capitalizes through Inventory and later recognize as cost of goods sold.

3 0
3 years ago
Which of the following is the right order of the steps that companies generally follow in designing a customer-driven marketing
podryga [215]

Answer:

C.

Explanation:

Companies cannot appeal to all buyers in the marketplace, or at least not to all buyers in the same way.

This strategy focuses on targeting a specific set of customers, retaining them by meeting their needs, and using metrics to measure their satisfaction.

Steps:

-Market segmentation. Is the process that companies use to divide large heterogeneous markets into small markets that can be reached more efficiently and effectively with products and services that match their unique needs.

-Market targeting. Consists of a set of buyers who share common needs or characteristics that the company decides to serve.

-Differentiation. A market coverage strategy in which a firm decides to to target several market segments and desing separate offers for each. Focus on how the company can create differentiated value for targeted segments.

-Positioning. The way the product is defined by consumers on important attributes. The place the product occupies in consumers’ mind relative to competing products.

8 0
3 years ago
When you are saving money you are: A:gathering B:cutting back C:discounting D:accumulating​
stiv31 [10]

Answer:

accumulating?

Explanation:

3 0
2 years ago
In the long run, most economists agree that a permanent increase in government spending leads to_________.
juin [17]

In the long run, most economists agree that a permanent increase in government spending leads to <u>complete</u>.

Fiscal policy refers to the use of government spending and revenue collection (taxes or tax cuts) to affect a nation's economy. The 1930s Great Depression made the prior laissez-faire approach to economic management impractical, which led to the development of the use of government revenue expenditures to affect macroeconomic variables.

The British economist John Maynard Keynes' Keynesian economics, which postulated that changes in the amount of government spending and taxation have an impact on aggregate demand and the level of economic activity, serve as the foundation for fiscal policy.

A nation's government and central bank primarily employ fiscal and monetary policy to further its economic goals. These authorities can target inflation thanks to the combination of these strategies.

To learn more about Fiscal Policy here

brainly.com/question/27250647

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6 0
2 years ago
Originally Mr. Pibb marketed itself as a direct competitor to Dr. Pepper. With sales lagging and the market interest dropping of
stellarik [79]

Answer:

Positioning and then Repositioning

4 0
3 years ago
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