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Artist 52 [7]
3 years ago
7

What amount would a person with actual cash value (ACV) coverage receive for two-year-old furniture destroyed by a fire? The fur

niture would cost $1,000 to replace today and had an estimated life of five years.
Business
1 answer:
Aneli [31]3 years ago
3 0

Answer:

$600

Explanation:

The actual cash value coverage to be received for the two-year old furniture is equivalent to the replacement cost today minus estimated depreciation amount that would have been charged on the furniture till date.

replacement cost is $1,000

estimated depreciation till date=$1000/useful life*number of years the furniture has been put to use

estimated depreciation=$1,000/5*2=$400

actual cash value coverage =$1000-$400=$600

All in all,the amount that a person with actual cash value coverage would receive today on the furniture is $600

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How does the chain of command facilitate the operations of a large structured organization?
tia_tia [17]

Answer:

The use if the direct chain of command affords delegation of authority in an easily understandable way, such that needed decisions on actions are more quickly taken to save costs due to delay and lack of cohesion.

Direct chain of command affords employees to work in areas they are proficient with which builds improved competence and skill within the workforce

The chain of command organizational structure is a logical delegation of authority which facilitates collaborative efforts with internal and external bodies

Explanation:

7 0
4 years ago
What type of competition exists in the aviation sector? And why?
shtirl [24]

Answer:

Oligopoly market structure

Explanation:

The airline industry is characterized by an oligopoly market structure, a form of imperfect competition in which a limited number of firms dominate the industry. Oligopoly firms have market power in setting or altering prices for their products by establishing various output values.

8 0
3 years ago
The Incident Action Plan is prepared by General Staff from which section? A. Planning B. Operations C. Logistics D. Finance/Admi
SOVA2 [1]

Answer:

The correct answer is A

Explanation:

IAP stands for Incident Action Plan, which is defined as the organized course of the events that addresses or notices all the phases or stages of the incident control in the specified time.

It is required to completed or finished in the timer period or time frame, which allows the least amount of the action that is negative to continue.

So, this plan is made or prepared through the General Staff of the Planning section.

5 0
3 years ago
Read 2 more answers
What is possession utility?
katrin2010 [14]

b.) The Value added to a product by transferring ownership to the customer.

is the answer

<u>Explanation:</u>

Possession utility explains and possibly contains the gratification that arises from owning a product or using a service. Buying and selling of anything include the change of ownership from one to another.  Possession utility is what lets customers asses what they purchased. Having versatile choices for payment is one way to make possession simple for customers. Other methods can be how the product is delivered, how quickly it is delivered. Possession utility gets down to knowing how people relish what they have and what they give others. Although possession utility is peculiar, it is also significant and usually results after some kind of legal exchange.

6 0
3 years ago
Question 43 how are the individuals in the group judged to be high in warmth and competence viewed by participants in relation t
Sergio [31]

Individuals in the group judged to be high in warmth and competence viewed by participants in relation to themselves as an in-group.

An in-group is a group of things, people, or other entities that are similar in some way. In-groups, particularly in humans, are defined by beliefs, values, and identities. Within in-groups, there is a shared understanding that group members share some characteristics. Humans, on the other hand, frequently organize items and their lives into in-groups and out-groups without consciously realizing it. This is a neurological shortcut that brains develop over time to assist humans in sorting and categorizing large amounts of information. Depending on the power dynamics and privilege that result from grouping, the outcomes can be negative, positive, or neutral.

An out-group is a group that is distinguished from an in-group by its dissimilarity. Where an in-group is defined by the presence of a shared element of identity, such as a belief or a trait, and an out-group is defined by the absence of that shared element.

Learn more about in-groups and out-groups here:

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6 0
2 years ago
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