In auto insurance, a higher deductible means the customer _____. a. has a higher monthly bill, but pays less out of pocket in th
e event of an accident. b. has a lower monthly bill, but pays more out of pocket in the event of an accident. c. has a higher monthly bill and pays more out of pocket in the event of an accident. d. has a lower monthly bill and pays less out of pocket in the event of an accident. Please select the best answer from the choices provided A B C D
In auto insurance, a higher deductible means the customer <u>b. has a lower monthly bill, but pays more out of pocket in the event of an accident</u>.
<u>Explanation</u>:
Insurance is a scheme of protection from financial loss. The government or private organization takes responsibility of providing compensation for specific losses, illness and death of a person under the insurance scheme. Insurance can be taken for vehicles, goods, person and any wealthy products.
Higher deductible in insurance means the insurer pays greater amount for initial health care. The person with high-deductible plan is eligible for a Health Savings Account (HSA). The customer pays higher in the event of an accident in higher deductible plan.
Answer: this method takes longer to perfect than the bowsight method. In instinctive aiming method. You aim at the target with your both eyes open so looking<span> at the target with the right eye closed or with the left eye closed is not true. </span> It is also not true that this method is less versatile than the bowsight method. <span>It is true that this method takes longer to perfect than the bowsight method.</span>
Given that <span>Dave Klein is a produce farmer in Northern California. His major customers
are grocery stores in the midwest. Dave's product is a perishable item
and will only last for about 2 weeks after it has been picked, so Dave
is concerned with getting his product to his customers quickly. he ships
almost daily when his produce is in season. However, he also needs to
be aware of the cost of shipping.
The form of shipping Dave will most
likely use is truck.</span>
Answer: budgeted amounts of allocation bases because the cost allocation to one responsibility center should not influence the allocations to others
Explanation:
A cost pool is a collection of homogeneous costs thqt are to be assigned. Cost pools is an accounting term which refers to the groups of accounts serving used to express the cost of goods and service that are allocatable within a business or a manufacturing organization. The allocation base for a cost pool is a cost driver.
Cost pools should be charged to the responsibility centers by using the budgeted amounts of allocation bases. This is because the cost allocation to a responsibility center should not influence allocations to others.
