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Natalija [7]
3 years ago
8

term insurance covers the insured for the stated term of the policy. true false user: two statements are true of ordinary whole-

life insurance policies?
Business
2 answers:
zysi [14]3 years ago
7 0
I believe the answer is: True

For example, every individuals are subjected to the risk of experiencing some sort of health problems, that might cost us a lot of money.

When a person bought a health insurance  that person would transfer the financial risk that might occurs because of their health condition to the insurance company. So when that person need treatments, the insurance company would cover the cost.
77julia77 [94]3 years ago
3 0
Here are the answers to the given question above.
The first statement would be TRUE. It is true that term <span>insurance covers the insured for the stated term of the policy. 
The statements that are true of ordinary whole-life insurance policies include the following:
-</span><span>The insured pays premiums on this type of insurance until his death. 
-</span><span>The insured only has to pay on this type of policy for a certain number of years.</span>
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3 years ago
A local company makes athletic clothing and they are preparing aggregate production plans on a quarterly basis for the coming ye
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Soda is the largest bottler of Soda in Western Europe. The company purchases Brand 1 and Brand 2 concentrate from The Soda Compa
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Answer and explanation:

<em>check the attached file for a well formatted answer</em>

The purchase budget for the month of Mar 2012 is asked. Also there are no changes in beginning and closing inventories. The data given is summarised as below,

Brand 1 Brand 2

Bottle size 2 lit 2 lit

Number of bottles 106000 81000

Concentrate cost $85 per pound

Concentrate used 0.15 lb per 100 lit 0.2 lb per 100 lit

Carbonated water used 2 lit 2 lit

Bottle cost $0.1 per bottle

Carbonated water cost $0.08 per litre

Based on this the budget is filled as below,

CONCENTRATE 2-LITRE BOTTLES CARBONATED WATER

Brand 1 (A)  

318 lbs

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106000 bottles  

212000 litres

[106000 bottles * 2 litres]

Brand 2 (B)  

324 lbs

[=81000*2/100*0.2 lbs]

81000 bottles  

162000

[81000 bottles * 2 litres]

Total Materials (C=A+B) 642 lbs 187000 bottles 374000 litres

Direct materials unit price (D) $ 85 $ 0.1 $ 0.08

Total direct materials to be purchased (E=C*D) $54570 $18700 $29920

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The management at an auto manufacturer planned to terminate production due to labor issues that were consuming most of the profi
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Decertification

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<h3>What is the Correlation Method?</h3>

The correlation method is the method utilized in the sales comparison approach where more importance is given to two properties being compared against some others.

The sales comparison approach itself is used in analyzing the worth of a property by comparing it to others that have been sold in recent times.

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