Answer: Uninsured And Underinsured Motorist Coverage
Explanation:
Uninsured and Underinsured motorist coverage will help Lance pay for injuries to his passengers should he be hit by a driver that has no car insurance or an insufficient liability insurance.
Strictly speaking, Underinsured Motorist coverage is the right coverage to get as it deals with situations where the offending driver has insufficient liability coverage while uninsured is motorist coverage is when the offending driver has no liability coverage at all.
Uninsured and underinsured are bundled together in a lot of states however so Lance can either get both or just Underinsured coverage if he can.
Answer:
a. Accounted for prospectively
Explanation:
Warranty cost is an expense i.e. to be incurred for the repair or replacement of the goods comes under the warranty given by the company.
Here if there is a change in the rate i.e. used for determining the warranty cost so it would be accounted in prospectively manner i.e. it would be changed in the current period and also the amount should be estimated or predicted
Hence, the correct option is a.
Answer:
B. the cost of living in that country is different from that of the employee's home
Explanation:
Answer:
Brainstorming
Explanation:
Brainstorming is problem solving technique in which people of diverse skill gather together and discusses together the problem to collectively design best possible solution.
In brainstorming following steps are followed
• Each one come up with their ideas and solution
• All ideas and solution are accepted and not criticized.
• Best possible ideas are selected out of them
• They are modified by refining and combining them
• Finally best alternative solution is unanimously selected by all
Brain storming is done to
• Generate sense of collective responsibility and accountability
• Encourage creativity and design thinking
• Foster unity and group learning
Since in the problem statement all the step of brainstorming is being followed like meeting of group of people, coming up with different ideas .
Answer should be brainstorming
