The degree of risk is associated with the probability or magnitude of loss. The given statement is true.
The area of mathematics known as probability deals with numerical representations of the likelihood that an event will occur or that a statement is true. An event's probability is a number between 0 and 1, where, roughly speaking, 0 denotes the event's impossibility and 1 denotes certainty.
Simply put, probability is the likelihood that something will occur. When we don't know how an event will turn out, we can discuss the likelihood or likelihood of several outcomes. Statistics is the study of events that follow a probability distribution.
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<span>The answer is true. The anthropologists
have main ethical obligations to the people, species, and materials they
research and to the people with whom they work. These duties can exchange the
goal of seeking new knowledge, and can lead to decisions not to start or to stop
a research project when the primary obligation conflicts with other
responsibilities, such as those unsettled to sponsors or clients.</span>
The <u>everyday actor </u>approaches her social world with practical knowledge, whereas the <u>social analys</u>t approaches the world by using reasoning and questions to<u> </u>gain deeper insights.
A social media analyst is a person who always assesses your logo's owned statistics, campaign and content material performance and social listening statistics, and interprets all of it inevery day actionable business tips.
An analyst gathers, interprets, and makes use of complex records day-to-day to develop actionable steps as a way to improve strategies and optimize consequences. She or he assesses organization and client wishes, gets strong facts, and analyzes it, looking for telltale trends or areas for development.
Social Media Analyst collects and analyzes data day-to-day social media advertising campaigns. Assists groups in figuring out suitable social media channels for their specific enterprise needs, and tailors campaigns every day for the target audience.
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Answer:
The correct answer is Less than the estimated costs.
Explanation:
The percentage method completed is an accounting practice used to recognize income in long-term contracts.
When long-term projects (greater than one year) are undertaken, the costs and revenues associated with it are incurred throughout its life.
This accounting method, as its name suggests, allows the company to account for part of the associated income and expenses incurred as the project phases are completed. Thus, the percentage complete method is understood as a method of recognition of recognition of income and expenses that is applied continuously without having to defer income and expenses at the end of the project.
Answer:
Does she recognize income on the liquidation?
Yes, she must recognize the difference between the policy's surrender value and the total premiums paid = $42,042 - $33,852 = $8,190 must be recognized as income.
Does she recognize income on the liquidation?
No, she doesn't have to pay any taxes. Payments to terminally ill policy holders are treated in the same way as death benefits.