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2 years ago

When denying a claim, what approach should you not use? Check all that apply. "

Business

1 answer:

xeze [42]2 years ago

4 0

Answer:

The correct answer is letter "A" and "D": "You" statements that sound preachy; Accusations that imply the customer is dishonest.

Explanation:

Denial letters are very sensitive communications that must be structured to make the customers understand why the claim is being denied. The letter must be direct and objective in all moments to make that understanding easier. Ambiguous or preachy phrases or must be avoided. If applies and necessary, we could let the customers know they were at fault with the facts that lead to that conclusion but not subliminally implying they were dishonest.

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To provide external shareholders with relevant, reliable, consistent, and comparable financial information, the accounting profe

masha68 [24]

Answer:

<u>Generally accepted accounting principles</u>

Explanation:

Generally accepted accounting principles abbreviated as GAAPs , refer to set of accounting rules and principles to ensure clarity, consistency of reported information and to enhance reliability and comparability of accounting information.

GAAPs were prescribed by Financial Accounting Standard Board (FASB) of the United States. The accountants of public companies in United States are supposed to abide by GAAP principles while compiling accounts and preparing financial statements.

Thus, GAAPs lay emphasis upon presenting financial information which is relevant to the shareholders, which is true and can be relied upon , which is consistent and which can be compared to deduce past trends and for forming opinions and arriving at conclusions.

6 0

2 years ago

What steps must countries take to transition to a mixed-market economy? Check all that apply. They must establish state-owned bu

IrinaVladis [17]

The answer is:

B. They must establish a fair labor market.

D. They must open up trade to other countries

In mixed-market economy, both government and the private sectors play equally important roles in managing/regulating the economy.

Establishing fair labor market is being done in order to prevent the private sectors from abusing their workers. Opening trade to other countries is being done by the government sectors through mutually beneficial foreign policies which will improve our total exports.

7 0

3 years ago

Read 2 more answers

The practice of using information provided by cookies for directing online advertising from marketers to those online shoppers w

katrin2010 [14]

Answer:

Behavioral targeting

Explanation:

Behavioral targeting is a method that is used by marketers in which they gather information of the visitors of a website to show them advertisements that are relevant to their interest. The goal of this is to improve the effectiveness of online campaigns by providing advertisements to the specific target markets that is interested in the product.

3 0

3 years ago

On June 30, 2021, Georgia-Atlantic, Inc. leased a warehouse equipment from IC Leasing Corporation. The lease agreement calls for

Mars2501 [29]

Answer:

1. $3,799,988

2. $3,419,989

Explanation:

1. Semiannual lease payment = $468,683

Total semiannual payments = 5*2 = 10

Incremental borrowing rate = 10%, 5% semiannual

Present value of minimum lease payments used to record right to use assets = Semi Annual lease payments * Cumulative PV Factor of annuity due for 10 periods at 5%

= $468,683 * 8.1078 = $3,799,988.0274 ≈ $3,799,988

2. Semiannual payment on 30.06.2021 = $468,683

Pretax amount of liability on 30.06.2021 = ($ 3,799,988.0274 - $468,683) = $3,331,305.0274

Interest expense for 31.12.2021 = $3,331,305.0274 * 5% = $166,565.25137

Semiannual lease payment on 31.12.2021 = $468,683

Pre tax amount for liability December 31, 2021 = $3,331,305.0274 + $166,565.25137 - $468,683 = $3,029,187.2788

Depreciation on right to use assets for 2021 = ($3,799,988.0274 ÷ 5) * (5/10)= $379,998.80274

Pre tax amount of right to use asset to be reported for 2021 = $3,799,988.0274 - $379,998.80274 = $3,419,989.2247 ≈ $3,419,989

5 0

3 years ago

A local coffee shop is known for poor customer service and an unclean, dirty environment. These factors would be classified as _

nevsk [136]

Answer: Weakness

Explanation:

A SWOT analysis is a type of situation report where a company's internal strengths and weaknesses and external opportunities and threats are considered.

The local coffee shop has weaknesses of poor customer service and dirty environment which can be identified in a SWOT analysis.

7 0

3 years ago