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Arte-miy333 [17]
3 years ago
14

Under one type of rating law, insurers are free to change rates and to use modified rates immediately. However, the new rate mus

t be filed with regulators within a specified period, such as 60 days after the modified rate is employed. This type of rating law is called ____________.
Business
1 answer:
Nat2105 [25]3 years ago
6 0

Answer:

use-and-file rating law

Explanation:

File-and-use rating laws are insurance rules that allow an insurance company to use new rates before they are approved by the state. File-and-use rating laws allow the insurer to use new rates immediately, with the risk that any rate change will be mitigated if the insurance regulator determines the change is not appropriate.

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Sound Company reported the following amounts for May: Raw materials purchased $254,000 Beginning raw materials inventory 12,000
Alchen [17]

Answer:

The answer is $254,100

Explanation:

$254,100.

We begin by summing the Beginning raw materials inventory of $ 12,000 with the Raw materials purchased 254,000

12,000 + 254000

= Materials available = $266,000

Less ending raw materials inventory 7,900

Less indirect materials used 4,000

7,900 + 4000

=11,900

We have to subtract 11,900 from 266,000

= 266000 - 11900

=$254,100

Direct materials used in production

$254,100

3 0
3 years ago
Explain how money (increased commerce) spent by tourists in the Macro Islands moves through the economy's circular flow diagram.
ella [17]
<span> #1) Explain how money (increased commerce) spent by tourists in the Macro Islands moves through the economy's circular flow diagram.

Answer: Increased commerce spent by tourists in the Macro Islands moves through the economy’s circular flow diagram and will affect all portions of the Macro Island’s economy. First, the tourists that visit the Macro Islands will purchase goods from the product market, as a result it will form the product market. These purchased goods then go to the household where these goods will be used; this supports the product market. Here, the system branches off into three different directions: first, through the payment of taxes we reap government services; second, by investing our money in financial institutions, we sustain the financial market while collecting interest; third, because households provide resources like labor, we sustain the factor market and in return collect income. These three sections of the economy connect to businesses through government services, borrowing, and factors of production respectively. In the end the businesses provides foods and services to the product market to repeat this cycle.

<span>I hope it helps, Regards. </span></span>
4 0
3 years ago
The final topic of the video is about leadership and structure. The speakers promote distributed centers which are similar to th
Alina [70]

Answer:

Correct option is 5.

<u>Developing new competencies</u>

Explanation:

With respect to the worldwide endeavors, the dispersed focuses, as referenced in the inquiry just as the prerequisite of building the gentler aptitudes as far as the administration and social perspectives, make the upside of worldwide extension best spoke to by the case of growing new abilities that are specific to such host nations. Rest of the alternatives become second rate hence when contrasted with creating of new capabilities to get by in the host nations.

4 0
4 years ago
g Lawson Manufacturing Company has the following account balances at year end: Office supplies $ 4,000 Raw materials 27,000 Work
larisa86 [58]

Answer:

Turke beef

Explanation:

3 0
3 years ago
To qualify for a mortgage loan originator endorsement, applicants must meet education, examination, credit report, and ______ re
Alexandra [31]

To qualify for a mortgage loan originator endorsement, applicants must meet education, examination, credit report, and <u>Education</u> requirements.

A broker working as a sole proprietor who performs residential mortgage loan originator (MLO) sports should record a corporation (MU1) form and a man or woman (MU4) form electronically through NMLS to gain a business enterprise MLO license endorsement.

For individuals licensed by means of the branch of real estate, a loan originator way An man or woman who takes a residential loan software or offers or negotiates terms of a residential mortgage for compensation or benefit.

Loan originators consist of retail banks, loan bankers, and mortgage brokers.

Learn more about mortgage loan originators here

brainly.com/question/28079837

#SPJ4

7 0
2 years ago
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