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3 years ago

What is insurance coverage?

1 answer:

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The answers of the given questions above are the following:
1. The insurance coverage is the amount your insurance company is willing to pay. The correct answer is option B. Insurance transaction involves the insured assuming a guaranteed loss in the form of payment to the insurer in exchange for the insurer's assurance to reimburse the insured in the event of a covered loss.
2. The correct answer would be option D. Deductible
3. The correct answer would be option D. Allows young adults to stay on their parents' insurance until the age of 26.

You might be interested in

The social cost of a transaction is _________.

dolphi86 [110]

Answer:

The correct answer is letter "C": the sum of private and external costs.

Explanation:

Neoclassical economics -based on supply and demand as market drivers- define the social costs of transactions as the sum of private costs inherent in the operation and the costs consumers set because of being exposed to the transaction or the external costs. This cost differs from the private costs which are the expenditures a producer incurs in the production of a good or service.

5 0

4 years ago

Read 2 more answers

ovar Inc., a U.S. multinational, began operations this year. Jovar had pretax U.S. source income and foreign source income as fo

Lyrx [107]

Answer:

$204,000

Explanation:

Computation of Jovar's U.S. tax liability

First step isnto determine the U.S precredit tax.

34%×$700,000

=$238,000

U.S Precredit tax = $238,000

Second step is to calculate the foreign tax credit.

Therefore the Credit is limited to:

$238,000 * 100/700

= $34,000.

Hence:

$238,000-$34,000

=$204,000

Therefore Jovar's U.S. tax liability if it takes the foreign tax credit will be $204,000

3 0

4 years ago

Before an interview, you should perform a self-assessment to:

ELEN [110]

Answer: review your strengths, weaknesses, and career goals

6 0

3 years ago

Bond price volatility varies directly with the term to maturity and directly with the coupon. Group of answer choices True False

Reptile [31]

Answer: False

Explanation:

Bond Price Volatility does indeed have a positive relationship with term to Maturity because the longer the term to Maturity, the more the bond can be affected by interest rates which will lead to price changes.

However, Bond Price Volatility has an Indirect relationship with Coupon rates. The higher the Coupon rate, the lower the volatility because interest rates affect bonds that are paying lower coupons more than they do high ones. Having a higher coupon bond means that price does not change as much due to interest rates.

5 0

3 years ago

J&J Materials and Construction Corporation produces mulch and distributes the product by using dump trucks. The company use

lilavasa [31]

Answer:

$3,999.04 F

Explanation:

Calculation to determine the flexible-budget amount for variable manufacturing overhead?

First step is to calculate the Budgeted fleet hours per unit

Budgeted fleet hours per unit = 568 ÷ 710

Budgeted fleet hours per unit = 0.8

Second step is to calculate the Budgeted fleet hours allowed for 660 truckloads

Budgeted fleet hours allowed for 660 truckloads

Budgeted fleet hours allowed for 660 truckloads = 660 × 0.8

Budgeted fleet hours allowed for 660 truckloads = 528

Third step is to calculate the Budgeted variable overhead rate per machine hour

Budgeted variable overhead rate per machine hour = $89,460 ÷ 528

Budgeted variable overhead rate per machine hour = $169.43

Fourth step is to calculate the Flexible-budget amount

Flexible-budget amount = 528× $169.43

Flexible-budget amount= $89,459.04

Now let calculate the Flexible-budget variance

Flexible-budget variance = $85,460 − $89,459.04

Flexible-budget variance= $3,999.04 F

Therefore the Flexible-budget variance is $3,999.04 F

4 0

3 years ago