Considering the benefits and importance of insurance, the ten roles of insurance in a business include "<u>security and safety</u>."
<h3>The other roles of insurance in a business are:</h3>
- Mitigation of risk
- Provision of insurance service by the insurance company
- Protection from unexpected losses
- Ease of getting loans
- Provision of social cooperation
- It enhances saving habits
- It aids some contracts that require it.
- There are tax benefits.
- Promotion of trades and industry, etc.
Hence, in this case, it is concluded that insurance plays various roles in business.
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Answer:
She should create a database of company's projects, contractors and customers.
Explanation:
By creating a database within the company, every worker within the company would be able to access any information from that source faster and easier which would lead to a more productive and transparent working environment
Answer:
The entries are as follows
To record estimated returns on Sales
Debit: Sales Refund Payable Account $131,400
Credit: Accounts Receivables $131,400
To record estimated Cost of Sales returns
Debit: Inventory Returns Estimated Account $77,700
Credit: Inventory on Sales on Returns $77,700
Explanation:
To derive the figure for Sales Refund payable for the year
6% of $2,190,000
= 
= $131,400
To derive the figure for Inventory cost on Sales Refund payable for the year
6% of $1,295,000
= 
= $77,700
Answer:
Press a standard key on the keyboard.
Move the mouse.
Explanation:
Answer:
Option D) The company’s depreciation expense declined.
Explanation:
It happens because when company´s depreciation decrease you have less cost of sales and an improvement in the Gross Margin and hence in the Net Income, but this enhancement in the Net Income has an opposite effect on Net Cash because less depreciation means less total cash,
Total Cash it's defined by Net Income plus Depreciation, a less Depreciation means less Net Cash.
