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Bad White [126]
4 years ago
5

Difference between compulsory and non-compulsory insurance

Business
1 answer:
leva [86]4 years ago
7 0
Compulsory insurance is a type of insurance that is required by law before you can engage in specific activities. This kind of insurance is meant to protect you from harm in some way, an example would be the legal requirement to have auto insurance to drive a car or having health insurance in the United States.

Non compulsory insurance is pretty much everything that you are not required to have, insurance such as travel insurance, life insurance, phone insurance, etc. Although it is a good idea to get these, they are not required.

Non compulsory basically means voluntary while compulsory means required.
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Which of the following statements regarding a balanced scorecard is correct? Multiple Choice A balanced scorecard includes non-f
Fynjy0 [20]

Answer:  All of these are correct answers.

Explanation: In simple words, Balanced scorecard refers to the strategic management system in which the organisational tries to communicate to the stakeholders what is their ultimate goal and what are they trying to establish.

In such a process, the managers of the organisation translate their mission statement relating to various aspects of customer service and declares their course of actions regarding the activities that really matters to the customers.

Hence from the above we can conclude that all the statements are correct in the given case.

4 0
4 years ago
What is the effect on NPV of an asset if the salvage value is ignored?A)NPV would be understated. B)No effect C)NPV would be ove
Anna11 [10]

Answer:

The correct answer is A)NPV would be understated.

Explanation:

NPV is the difference between the present value of cash inflows and the present value of cash outflows over a period of time.

The Salvage value is added at the end of the cash flow. So is a cash inflow.  

And if we ignore salvage value the difference, the cash inflows will be smaller,  so the NPV would be understated.

6 0
3 years ago
Which would the SEC most likely penalize for violating a regulation?
Mila [183]
The correct answer for this question is this one: "Bank." <span>The SEC that most likely to penalize for violating a regulation is the bank. The SEC has the responsibility to penalize for any violations that has been committed - most especially those of related with banks.</span>
5 0
3 years ago
Read 2 more answers
Tony goes to the freezer and takes out a new type of frozen microwavable pizza that he bought recently. Instead of just taking t
Snezhnost [94]
<h3>Hello there!</h3>

Your question asks what type of function the new pizza box is performing.

<h3>Answer: Facilitate use</h3>

The reason why "Facilitate use" is the correct answer is because this is what the pizza box is performing to Tony.

Facilitate means to make something easier, and this is what the pizza box is doing to Tony; making the pizza easier to handle.

Things that made Tony's experience easier:

  • Pizza box can make a handle
  • Used a serrated metal edge from the pizza box to cut the pizza

With the things that the box does above, it made Tony's experience with the pizza a lot more easier.

The pizza box allowed Tony to have a handle to carry around the pizza so he doesn't burn himself while in the process. The pizza box also allowed Tony to easily get a hold of a sharp object to cut the pizza in slices, so he doesn't have to waste any time to go get a knife in his kitchen, and having to wash it afterwards.

After Tony is done with the pizza, he could just throw the box away with know trash or washing to do, simple as that. This pizza box allowed Tony to have an easier experience.

<h3>I hope this helps!</h3><h3>Best regards, </h3><h3>MasterInvestor</h3>
5 0
4 years ago
For business owners to achieve their goals, certain laws guide their business dealings and transactions.
Readme [11.4K]
Last time i checked that was true good luck 
8 0
3 years ago
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