Option E, All the above are examples of funded retention
Explanation:
Funded retention — risk management term refers to a program in which an entity retains assets in advance, instead of distributed to the insured or another group, to pay for risks incurred by the company.
The insurance exclusion is a common example of a transfer of risk to save premiums, as a deduction is a limited risk that can save insurance premium costs for greater risks.
Based on the cost or absence of commercial insurance companies actively maintain certain risks–which is commonly known as self-insurance.
True. <span>You will undoubtedly find yourself in numerous leadership situations during your professional career. Leaders can come about within many situations depending on what situation stands out to them and meets their needs/background. During your professional career, you could lead or be lead depending on the project or situation you are in. Different people lead best in large groups, while others in small. All leaders are different and you can </span>develop these skills overtime.
Answer: $17,000
Explanation:
Given that,
Budgeted beginning cash balance = $16,000
Budgeted cash receipts total = $188,000
Budgeted cash disbursements total = $187,000
Desired ending cash balance = $40,000
The excess (deficiency) of cash available over disbursements for June will be:
= Beginning cash balance + Cash receipts - Cash disbursements
= $16,000 + $188,000 - $187,000
= $17,000
<span>Albert's 19-year old son, paul, lived with him all year. paul is a full-time student who earned $4500, which he put into a college fund. albert can claim paul as a dependent</span>
