They create obligations normally applied to government agencies
Answer:
Commerical paper
Explanation:
Commerical paper is a short-term security, or note, containing a borrower's promise to pay.
There was a previous question like that, so i remember the answer.
~<u>rere</u>
Answer:
b.Experience-rating plan
Explanation:
Experience rating is a method of evaluating used by insurance providers to adjust premiums up or down. The rating reflects your previous loss experience. It is based on the presumption that your historical loss experience predicts your future loss experience. In other words, your future losses are likely to be similar to those you incurred in the past. The Experience Rating Plan is mandatory for all eligible insureds. Any action taken in any form to evade the application of an experience modification determined in accordance with this Plan is prohibited. The object of the Experience Rating Plan is to recognize the differences between individual insureds through the use of the individual insured's own loss experience. The experience rating process serves as a means of using a history of past losses to predict the future losses of an insured.
This is done by comparing the experience of an individual insured to the average insured in the same classification. Therefore, using the insured's past experience, the experience modification is determined by comparing the actual losses to expected losses. An insured with better than average experience will produce a credit experience modification factor, while an insured with worse than average experience will produce a debit experience modification factor. A credit experience modification factor, less than 1.00, results in a premium reduction. A debit experience modification factor, greater than 1.00, results in a premium increase. An experience modification factor of 1.00, or unity, does not change premium.
Answer:
b. If Kurstie's itemized deductions exceeded the standard deduction by $200, then $200 of the refund is included in gross income.
Explanation:
Based on the information given we were told that the amount of $3,000 of the state income taxes paid as part of her itemized deductions was deducted Which therefore means that the statements regarding the taxability of Kurstie's refund that is true will be : IF THE ITEMIZED DEDUCTIONS EXCEEDED THE STANDARD DEDUCTION BY $200 the amount of $200 OF THE REFUND will have to be included in the GROSS INCOME .
Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
