Answer:
The answer is Fixed cost.
Fixed cost remains constant for a given period and does other change with the eh level of production. However, the per unit fixed cost decreases when the Level of production increases and vice versa.
Also, fixed cost is difficult to.control and manage relatively to the variable.costs.
Explanation:
Answer:
The insurer shall inform Paula that she cannot move towards the next option date but she can buy some more insurance, by proving her insurability.
Explanation:
Insurability rider is a kind of option that is available only in some health insurance policies. Where it is guaranteed it provides for the extra benefit where the person can get to buy another insurances to following the minimums and maximums, but at a specific defined future dates.
This shall ensure for the benefit of the user buying the insurance as they do not have to go through any further examination for buying the insurance.
Here, also the insurer can ask her to buy another insurance as with the explained reasons stated above.
Answer: Debit to warranty payable the actual amount paid out as a result of warranty claims
Explanation: Warranty payable is a provision for estimated warranty claims to be paid. It is a liability account that has a credit balance.
In recording a warranty payable, a debit is made to warranty expenses account and a credit to warranty payable account.
When the actual warranty claim is paid, the warranty payable account is debited while cash or bank account is credited to record the actual amount paid.
Answer:A safe deposit box, also known as a safety deposit box, is an individually secured container, usually held within a larger safe or bank vault. Safe deposit boxes are generally located in banks, post offices or other institutions. ... In the United States, neither banks nor the FDIC insure the contents.
Explanation:
