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REY [17]
3 years ago
11

What is the purpose of insurance

Business
1 answer:
andreyandreev [35.5K]3 years ago
3 0

Answer:

Insurance is a means of protection from financial loss. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an insurer, insurance company, insurance carrier or underwriter.

Explanation: Refer to top

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Would it be better to first identify task dimensions and then create specific task statements for each dimension, or should task
emmasim [6.3K]

Answer:

Task statements should be identified at first, and then used to create task dimensions. The classification of the task to dimensions, can only be dependent on the task statements.

This will help task managers to coordinate the people assigned to them.

Explanation:

Task dimension which can be defined as differentiating of task by complexity, from low to high relates to how managers coordinate activities with people over whom they have direct effect or control, when executing a given task. Before this can be done, the statements of the task should have been identified.

Task management is the process of managing task through its life cycle, including planning, testing, tracking and reporting. Task management can help either individuals achieve goals, or groups of individuals collaborate and share knowledge for the accomplishment of collective goals.

7 0
3 years ago
_____ are the policies and practices about the way a business should behave.
Natasha2012 [34]
The answer to this question is "Business Ethics".
7 0
3 years ago
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How do you find what number to multiply/divide to find equivalent fractions??? The only strategy i know if cross multiplication
algol13

Well, first find a number that both denominators in the fraction share, then you multiply whatever number it takes to get that and then multiply the same number to the numerator. Hope this helps!
5 0
3 years ago
Read 2 more answers
the inventory method that will always produce the same amount for the cost of goods sold in a periodic invenotry system as
liraira [26]

Answer:

FIFO.

Explanation:

Note: This question is not complete. The complete question is therefore given before answering the question as follows:

The inventory method that will always produce the same amount for cost of goods sold in a periodic inventory system as in a perpetual inventory system would be:

FIFO.

LIFO.

Weighted average.

None of these answer choices is correct.

The explanation to the answer is now given as follows:

First-in, first-out (FIFO) is an inventory method under which the oldest inventory items are recorded in the account as being issued or sold first.

A periodic inventory system refers to an inventory valuation method under which there is an update to the inventory account at the end of an accounting period instead of after every sale and purchase of inventory items.

A perpetual inventory system to an inventory valuation method under which there is an update to the inventory account after every sale and purchase of inventory items. This is done by using computer softwares such as computerized point-of-sale systems and enterprise asset management software.

When FIFO inventory method is being used, both the periodic inventory system and perpetual inventory system will always produce the same amount for cost of goods sold.

Based this explanation, the correct option for this question is FIFO.

4 0
4 years ago
Money management refers to
nadya68 [22]
How you balance you money and how you keep track of you’re spending and what you need for living that mouth... I hope this helps a little
7 0
4 years ago
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