Answer:
Small data is data in a volume and format that makes it accessible, informative and actionable. ... Big data is often said to be characterized by 3Vs: the volume of data, the variety of types of data and the velocity at which it is processed, all of which combine to make big data very difficult to manage.
Answer and Explanation:
The journal entries are shown below:
On June 1
Anthony Trucking Company $25,000
To Merchandise $25,000
(Being the sale of merchandise is recorded)
On July 15
Cash Dr $6,000
To Account Receivable $6,000
(Being the cash received is recorded)
On September 5
Bad debt Expense $18,000
To Account Receivable Expense $18,000
(Being the bad debt expense is recorded)
On March 5
Cash $18,000
To Account Receivable $18,000
(Being the cash received is recorded)
Only these journal entries are required
Answer: C. Purchase facultative reinsurance and write the policy
Explanation:
The options are:.
A. Purchase another treaty and write the policy
B. Decline the business for reinsurance reasons
C. Purchase facultative reinsurance and write the policy
D. Cede the policy to the existing treaty if the risk is acceptable
Based on the information given, we should note that in a case whereby an application is submitted for a home which falls within the directive and Aurora does not wish to retain the entire risk, the best method of handling this submission will be to buy a facultative reinsurance and then write the policy.
A facultative reinsurance is the coverage that is bought by a primary insurer in order to cover a particular risk. Hence, it'll be used to cover the single risk in this case.
Answer:
[D] give written notice to the issuer of the securities of the BD's policy regarding private securities transactions.
Explanation:
The registered representative is obligated to give written notice of the BD employing the RR, receive approval from the BD employing the RR, and record the transactions on the books of the BD if the RR receives a commission. However, the registered representative is not expected to notify the issuer of the securities for private securities transactions.
