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Wewaii [24]
3 years ago
9

The head teller of a bank embezzled $50,000 from the bank. Which insuring agreement in a financial institution bond is designed

to cover such losses?
Business
1 answer:
PIT_PIT [208]3 years ago
4 0

Answer:

Fidelity Bond

Explanation:

Based on the information provided within the question it can be said that the type of insurance that covers this is a Insuring Agreement called a Fidelity Bond. This is a type of insurance that covers the buyer of the policy from any losses that they may incur from a specific individual that works for them embezzling money or doing any other fraudulent behavior. Similar to what the head teller did to the bank in this scenario.

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Answer:

Both an initial cash outflow and future cash inflow

Explanation:

Net value cash flow is the different cash flows that happens at different times. It takes into account the initial cash outflow or capital investment and the amount that it would be getting in the future that is the future cash inflow.

The net present value gives us a difference between cash inflows and cash outflows in their present values over a period of time.

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4 years ago
The American Red Cross and the American Medical Association are nonprofit businesses. This is because they: A. plan to make a pr
MrRa [10]

Answer:B  exist to benefit a cause but not to make a profit.

Explanation:

They are to provide services which are useful to the members of the society at large.  They exist to promote the interest of members of the public which are social in nature.  With a view to ensure the smooth running of the organisation some individuals are elected to run the organisation in the position of chairman, secretary, and treasurer.  They do prepare receipt and payment account which is similar to cash account while some do prepare income and expenditure account which is similar to profit and loss account.

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4 years ago
All of these are examples of subsidy except ____________________.
lara [203]

Answer:

4) Student loan forgiveness given to teachers if they teach in high poverty areas.

Explanation:

A subsidy is assistance from to government to the private sector or another public sector that aims at promoting production in the specific sector of the economy.  Subsidies are in the form of cash donations, tax concessions, government purchase policies, or assumption of risk.  The objective of subsidies is to lower the cost of production, thereby reducing the market price of outputs.

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Other types of subsidies include loan guarantees, loans at reduced interest rates, and tax waivers.

6 0
3 years ago
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12345 [234]
The answer is either B or C. I think it may be C.
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Answer:

b. an assignee.

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3 years ago
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