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Nady [450]
3 years ago
6

The reserve maintenance fund consists of: A monies to pay for extraordinary maintenance or replacement costs B monies to pay for

regularly scheduled major repairs and replacement costs C monies to meet debt service requirements D all gross revenues from the facility
Business
1 answer:
makkiz [27]3 years ago
6 0

Answer:

C. Monies to meet debt service requirement.

Explanation:

The fund  that is reserved to pay for the principal and interest payments on various debts is known as debt service fund.  It is kept to reduce risk of debt security for the investors. The risk reduction of a debt security makes it attractive for the investors and also reduces the effective interest rate which is needed while selling the offering.<em> But a portion of the cash that a debt issuer receives from the debt offering is tied and it cannot be utilised for more useful investments.</em>

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Ilia_Sergeevich [38]

Answer:

Credence properties

Explanation:

Dentistry has a Credence property because it is a Service provided by medical specialized professionals. medical diagnoses and legal services have credence properties, or characteristics. A consumer may find a service with Credence property impossible to evaluate even after purchase and consumption. To reduce this uncertainty, service consumer like Sarah turns to personal sources of information like her friends during the purchase decision process

8 0
2 years ago
A participating life insurance policy has a long-term care rider. The insured qualifies for the benefit. Where does the initial
harina [27]

Answer:

It is an advance of the face amount of the policy

Explanation:

The life insurance policy with an added long-term care rider is a policy that suits people who prefers lifetime care benefits. This policy provides an amount (benefit) of the death benefit to pay for some long-term care expenses covered in the policy at any point in time the policyholder requires care. It is important to note that this benefit is simply an advance of the policy's face amount.

3 0
3 years ago
Which economic challenges in one way that economies in southern and Eastern Africa are overcoming?
cricket20 [7]
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3 0
3 years ago
A company uses the departmental overhead rate method. Total overhead costs are $5,000,000. Of this total, the machining departme
AleksAgata [21]

Answer:

Allocation rate Machining= $50 per machine hour

Explanation:

Giving the following information:

Estimated Machining cost= $4,000,000

Estimated Number of machine hours= 80,000

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Allocation rate Machining= total estimated costs for the period/ total amount of allocation base

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4 0
3 years ago
Recommendations by a registered representative to a customer about options strategies may still be suitable if the: A customer h
scoundrel [369]

Answer:

The correct answers are letters "A", "B", and "C".

Explanation:

Options brokers cannot provide any strategies to investors unless the <em>Options Disclosure Document </em>(ODD) was not sent to the investor, the <em>Registered Options Principal</em> has not approved the opening of the account of the investor or if the investor intends to apply a strategy that the broker is not sure if the investor can accept the <em>risk inherent</em>.

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6 0
2 years ago
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