The correct answer would be, Qualitative Analysis.
Qualitative Analysis involves using scales to suit circumstances and allows for quick identification of potential risks as well as vulnerable assets and resources.
Explanation:
There are two main types of analysis used in the research methodology. One is Quantitative Analysis and the other is Qualitative Analysis. Quantitative Analysis is concerned about mathematical and statistical analysis of the data in the research. Whereas, Qualitative Analysis is the analysis or the understanding of the facts and phenomenons in the research.
Qualitative Analysis help in predicting the potential risks associated in doing something, as well as the identification of vulnerable assets and resources.
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<span>This type of policy will change living benefits to taxable
as ordinary income, in contrast to non-taxable living benefits that are found
in life insurance.
A modified endowment contract</span> (MEC) refers to a
tax requirement of a life insurance policy where the policy has been financed
with more money than the money which is accepted under federal laws.
Answer:
Profession is a field or work of life,which you choose in order to become a professional of that field. For example, Teaching is a profession and am a teacher which makes me a professional of that
Answer:
The correct answer is letter "A": Those who are unwilling or unable to pay for the good do not obtain its benefits.
Explanation:
The excludability feature of goods does not allow individuals to have access to them without having paid for them. Thus, non-excludable goods are those that no one cannot prevent its use. <em>Private goods</em> (clothing, vehicles, houses) are excludable but they are also considered rival goods since when one person uses it another individual cannot consume the goods.
Answer:
The answer is d. Work in Process account.
Explanation:
Work-In-Process (WIP) refers to the materials that have started the production process, but have not yet been completed. The work-in-process inventory account is an asset account that is used to track the cost of the partially finished goods.
