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dedylja [7]
3 years ago
13

In its most common usage, ______ refers to circumstances in which an insurance company tries to recoup expenses for a claim it p

aid out when another party should have been responsible for paying at least a portion of that claim.
Business
1 answer:
worty [1.4K]3 years ago
5 0

Answer:

Deductibles

Explanation:

In general usage, the term deductible may be used to describe one of several types of clauses that are used by insurance companies as a threshold for policy payments.  Deductibles are typically used to deter the large number of claims that a consumer can be reasonably expected to bear the cost of, by restricting its coverage to events that are significant enough to incur large costs, the insurance firm expects to pay out slightly smaller amounts much less frequently, incurring much higher savings  . Deductibles are a portion of the insured loss (in dollars) paid by the policy holder .Collision and comprehensive coverage are subject to a deductible that you, as the insured,  would select. Other coverage that may be sold include towing, rental/reimbursement and  mechanical breakdown. A deductible is a portion of a covered loss that is not paid by the insurer. The  deductible is subtracted from the amount the insurer would otherwise be obligated to pay you as  the insured. The deductible amount is selected by you. Generally, a higher premium is charged  for a lower deductible and lower premium for a higher deductible.

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Which of the following is NOT a proactive hiring procedure? a. ​conducting background investigations on prospective employees b.
velikii [3]

Answer:

The correct answer is letter "D": ​instilling in employees a desire to develop ethical awareness and courage to do the right thing.

Explanation:

Proactive hiring procedures are practices performed by the <em>Human Resources (HR) Department</em> of a company by which prospective employees are contacted not necessarily when there is an opening in the company but to establish a relationship with those individuals.  

Thus, <em>​instilling in employees a desire to develop ethical awareness and courage to do the right thing is an activity developed when people are already hired in a firm</em>. Then, it is not part of proactive hiring.

6 0
2 years ago
Sources of retirement income include Social Security, other public ____ plans, employer pension plans, personal retirement plans
EastWind [94]

Social Security, other public pension plans, employer pension plans, personal retirement plans, and annuities or savings

<h3>What are retirement incomes?</h3>

This is the term that is used to refer to the income that a person would get after they have left active service.

The reason is so they can have a good life after they are no longer working and they are old.

Read more on retirement here:

brainly.com/question/3090325

#SPJ1

8 0
2 years ago
Demand pull inflation can be started by A. an increase in the price of oil B. a decrease in the quantity of money. C. an increas
devlian [24]

Answer:

Option "C" is correct.

Explanation:

An increase in government expenditure causes more money inflow on demand over supply.

6 0
3 years ago
Manta Ray Company manufactures diving masks with a variable cost of $31. The masks sell for $40. Budgeted fixed manufacturing ov
riadik2000 [5.3K]

Answer:

When there is no change in the beginning and ending units of inventory i.e the  units sold are equal to the units produced,the income under variable and absorption costing remains the same which is the condition in the given question.

Explanation:

If we have 80,000 units produced and sold then the income under both methods will be the same.

Manta Ray Company

Income Statement Variable Costing

Sales                $40*80,000=  $ 3200,000

Variable Costs $ 31*80,000=  $ 2480,000

Contribution Margin  $ 720,000

Less Fixed Costs $  $712,800

Gross Profit $ 7200

Manta Ray Company

Income Statement Absorption Costing

Sales                $40*80,000=  $ 3200,000

Variable Costs $ 31*80,000=  $ 2480,000

Fixed Costs $  $712,800

Gross Profit $ 7200

When there is no change in the beginning and ending units of inventory i.e the  units sold are equal to the units produced,the income under variable and absorption costing remains the same which is the condition in the given question.

If there is an increase in the inventory units ( ie. production is less than the Sales) the fixed manufacturing overhead cost is released from inventory and deducted from variable income.

Similarly when the inventory units decrease  ( ie. production is more than the Sales)  the fixed manufacturing overhead cost is deferred from inventory and added to variable income.

8 0
3 years ago
Bianca is conducting an experiment to determine how temperatures affect the productivity of employees. she has just completed th
Lyrx [107]
What are you asking as an abriviation
4 0
2 years ago
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