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3 years ago

When you want to add coverage for something not included in an insurance policy, what would you add to your policy?

Business

2 answers:

Serggg [28]3 years ago

6 0

riders is your answer

Leya [2.2K]3 years ago

5 0

Riders are add-on options (Benefits) that can be added to a basic Insurance Policy

You might be interested in

True or false: standard rules exist to help managers identify appropriate allocation bases.

tangare [24]

False, standard rules doesn't exist to help managers identify appropriate allocation bases.

Standard Rules refers to strong moral commitments or ethics that allows smooth working of an organisation. It is basically fundamental requirements to govern an organisation. It could play a role in appropriate allocation bases but doesn't exist for it rather to keep check on principles and equality in an organisation. They are not legally binding. But, appropriate allocation bases require judgement. Managers use- the direct method or the sequential (or step) method or the reciprocal method, to develop judgements about allocation bases. Hence, the statement is false.

More on allocation of rsources brainly.com/question/5322091

#SPJ4

4 0

2 years ago

Two accountants for the firm of Elwes and Wright are arguing about the merits of presenting an income statement in a multiple-st

Katarina [22]

Answer:

MULTI-STEP

Sales Revenue 96,948.00

Sales commissions (8,428.00)

Net Sales 88,520.00

COGS (61,018.00)

Gross Profit 27,502.00

Depreciation (11,336.00)

Delivery Expense (3,138.00)

Salaries expense (5,348.00)

Operating Income 7,680.00 

Rent revenue 17,678.00

Interest expense (2,308.00)

Non-Operating 15,370.00

Earning Before Taxes 23,050.00

Income Tax (9,518.00)

Net Income 13,532.00

Shares 40,550

EPS 0.33

ONE-STEP

Sales Revenue 96,948.00

Sales commissiones (8,428.00)

Net Sales 88,520.00

COGS (61,018.00)

Gross Profit 27,502.00

Rent Revenue 17,678.00

Depreciation (11,336.00)

Delivery Expense (3,138.00)

Salaries expense (5,348.00)

Interest expense (2,308.00)

EBT 23,050.00

Income Tax (9,518.00)

Net Income 13,532.00

Explanation:

The multi-steps calcualte the operating income and the non-operating income (from other activities and interest which aren't directly linked to the main activity of the company) While the one step just calcualte directly through earnings before taxes after solving gross profit.

6 0

3 years ago

Read 2 more answers

If the best surgeon in town is also the best at cleaning swimming pools, then according to the theory of comparative advantage,

tamaranim1 [39]

Answer:

tspecialize in being a surgeon because its opportunity cost is lower

Explanation:

A person has comparative advantage in production if it produces at a lower opportunity cost when compared to other people.

Implicit cost is the cost of the next best option forgone when one alternative is chosen over other alternatives

What the surgeon would give up to pratice as a surgeon would be lower compared than if he decided to specialise in cleaning pools

thus he should specialize in being a surgeon because its opportunity cost is lower

7 0

3 years ago

On August 10,2019 ABC sells 16 mini trenchers to a farm co-op in western Minnesota. ABC provides a 4% volume discount on the min

cestrela7 [59]

Answer:

If it was likely or probable that the farm co-op would meet the benchmark and get the discount (or rebate), then the journal entry should recognize that. But since it is very doubtful that the benchmark will be met, then the journal entry should be made without considering any type of discount.

I looked for a similar question in order to find the missing numbers:

each trencher is sold at $3,600 and costs $2,000

August 10, 2019, 16 mini trenchers sold to farm co-op

Dr Accounts receivable 57,600

Cr Sales revenue 57,600

Dr Cost of goods sold 32,000

Cr Inventory 32,000

5 0

3 years ago

Technician who is responsible for keeping an airport's control tower's electronic equipment in working order has higher ________

Ronch [10]

The answer to the blank space in the question is task significance. Task significance is the extent to which a person’s job is perceived as important and has impact on both the company and customers.

Jobs with higher task significance would be perceived as important by both the person doing it and other people around him, including his co-workers and customers.

5 0

3 years ago