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3 years ago

All of the following are considered to be typical characteristics describing the nature of an insurance contract EXCEPT

Business

1 answer:

slavikrds [6]3 years ago

3 0

Answer:

Bilateral

Explanation:

According to my research on the different terms used when referencing an insurance contract, I can say that all of the answers provided except for Bilateral are considered typical characteristics describing the nature of an insurance contract. A bilateral contract is defined as an agreements between two parties in which each side agrees to fulfill his or her side of the bargain.

Since an insurance contract is a fund that the insurance company pays in the case of an accident in which the person is injured, there is only one party that agrees to fulfill their side of the bargain and that is the insurance company.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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If a business had a capacity of $10,000,000 of sales, actual sales of $6,000,000, break-even sales of $4,500,000, fixed costs of

FrozenT [24]

Answer:

2000000

Explanation:

because that is what is left

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Marlon needs to add a code that indicates the information he will be including on a page. Which of the following codes should he

Likurg_2 [28]

I believe it is A seems like a better choice

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A manager asks a chef to continue cooking chicken breasts after seeing them cooked to an incorrect temperature. This is an examp

harina [27]

The action where the manager asks the chef to cook the chicken breasts again is what is called corrective action.

<h3>What is corrective action?</h3>

This is an action that has to be carried out as a way of taking care of something that has not being done in the way that it should have been done. It is the way of getting people to take care of their mistakes.

The manager wants the chef to take care of her mistakes this was the reason why he has asked her to re cook the because the temperature was not right.

Read more on corrective action here: brainly.com/question/15851754

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2 years ago

The GASB establishes financial reporting standards for state and local governmental entities. An entity created by a government

Sladkaya [172]

Answer:

C) Any of the above (or below)

B) The potential that another government could unilaterally dissolve the entity and assume their assets and liabilities
D) The power to enact and levy a tax.
E) The power to directly issue debt, for which its interest is exempt from federal taxation

Explanation:

Government Accounting Standards Board (GASB) is a private non-governmental organization that develops accounting standards that state and local governments must follow. The GASB works along with the Federal Accounting Standards Advisory Board (FASB), which is the organization that develops accounting standards for the federal government.

Both the GASB and the FASB help to ensure that financial information regarding the use of public funds is standard across different government entities.

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3 years ago

LO 4.7In a job order cost system, overhead applied is debited to which account?

BaLLatris [955]

Answer:

work in process inventory

Explanation:

The journal entry to record overhead applied is shown below:

Work in progress inventory A/c Dr XXXXX

To Factory overhead A/c XXXXX

(Being applied overhead is recorded)

And, the journal entry to record over applied is presented below:

Manufacturing overhead A/c Dr XXXXX

To Cost of Goods sold A/c XXXXX

(Being over-applied overhead is recorded)

Over applied is come when actual overhead based on predetermined rate is more than the actual manufacturing overhead

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3 years ago