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Vinil7 [7]
3 years ago
6

The Superintendent can examine an authorized fraternal benefit society and property/casualty insurance company once every:______

___
A) 12 months.
B) 18 months.
C) 3 years.
D) 5 years.
Business
1 answer:
IgorC [24]3 years ago
8 0

Answer:

correct option is C) 3 years

Explanation:

solution

superintendent authorizing a person to act  as an insurance producer

all records must be kept available for inspection or examination by the superintendent for a period  of at least 3 years after completion of the respective transaction

and for the purpose of investigation or examination by the  superintendent

so superintendent examine once every 3 years

correct option is C) 3 years

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The statement "measuring rods and coiled rope," which connotes the ruler's capacity to build social order and render judgments,
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a. stele of Hammurabi

Explanation:

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3 years ago
Your company expects to receive CAD 1,200,000 in 90 days. The 90 day forward rate for CAD is $0.80 and the current spot rate is
Masteriza [31]

Answer:

Cost of hedging = $24,000

Explanation:

cost of hedging = 1,200,000 * ($0.80 - $0.82) = 1,200,000 * $0.02 = -$24,000

Since the actual forward rate was higher than th eexpected forward rte, the coampny lost money by hedging the operation. The cost of hedging the operation was $24,000.

4 0
2 years ago
Determine what punctuation rule is illustrated by the following sentence. I have never met someone who does his job so well; he
damaskus [11]

Punctuation rule is illustrated by the sentence, Use a semicolon to join closely related independent clauses.

1. Parallelism Is Required for All Punctuation

This means that whenever a comma or a dash is used to break up a main clause, the same punctuation marks must be used both at the beginning and the end of the clause. It further implies that you cannot use a semicolon to distinguish between a single item in a list.

2. Every Clause Needs a Colon at the End

The main clause needs to end with a colon. A colon can be used to introduce a list, elaborate, or restate a sentence if it is already complete.

3. Semicolons Are Used to Emphasize Equally

In a compound sentence, a semicolon can be used in place of a coordinating conjunction to link two related independent clauses.

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5 0
10 months ago
. Terry purchases an annuity with payments made at the beginning of each month for 36 payments. The monthly payments are a const
lara31 [8.8K]

Answer:

The present value of the annuity is $ 825.02  

Explanation:

The present value of the annuity is the today's worth of the thirty annuity payments.

Each of the annuity payment is multiplied by its discount factor,for instance the discount factor for the first payment is computed thus

=$15*(1/(1+6%/12)^1=$14.93

The 6% interest rate is divided by 12 months to show a monthly rate of return find attached.

Download xlsx
4 0
2 years ago
The Laramie factory runs two departments: the Preparation Department and the Processing Department. The departmental overhead co
Westkost [7]

Answer:

The answer are:

  • $62.50 per direct labor hour - for preparation department
  • $33.33 per direct labor hour - for processing department

Explanation:

To calculate the departmental overhead cost per direct labor hour we must divide the total overhead cost over the total amount of direct labor hours.

Preparation department: $25,000 / 400 DLH = $62.50 per DLH

Processing department: $20,000 / 600 DLH = $33.33 per DLH

6 0
3 years ago
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