Following are the correct terms for the descriptions provided.
1. Coverage
2. Risk Management
3. Insurer
4. Premium
5. Liability
6. Policy
7. Actuary
8. Claim
9. Deductible
10. Insurance
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Explanation</h3>
The correct answers for the explanation given in the question is described above.
An Insurance Company is called an Insurer, its products are called policy, they provide coverage for loss, this is a type of risk management, a person calculating all the figures is known as an Actuary, monthly or annually premiums are payable and claim can be made once the insured condition is met.
<h3 />
Therefore the answers are following
1. Coverage
2. Risk Management
3. Insurer
4. Premium
5. Liability
6. Policy
7. Actuary
8. Claim
9. Deductible
10. Insurance
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Answer:
c. rise, interest rates to rise, and the dollar to appreciate
Explanation:
Answer:
The correct answer is have a low value-to-weight ratio.
Explanation:
Products that have low weight-value ratios (for example, coal, iron ore, bauxite and sand) also have low storage costs but high movement costs as a percentage of their sales price. Inventory management costs are calculated as a ration of the value of the product. Low product value means low storage cost, since inventory management costs are the dominant factor in storage cost. When the value of the product is low, transport costs represent a high proportion of the sale price.
Consequently, companies that deal with products of low value for weight frequently try to negotiate more favorable transport rates; rates are generally lower for raw materials than for finished products of the same weight.
Answer:
Adjusted cash balance : $25850
Explanation:
The goal of a reconciliation statement is to ascertain the differences between the banks records and the depositor’s records and make accounting changes as deemed appropriate. There is a general flow that is used to make the correcting entries:
1. The process flow starts with the bank’s ending cash balance
2. Add any deposits made by the company to the bank that are in transit
3. Deduct any cheques that are uncleared by the bank
4. Add or deduct any other differences available as necessary
5. In the company bank records, once again start with the ending balance
6. Add interests earned
7. Deduct any bank service fees, penalties and NSF (Non-Sufficient Funds) cheques.
8. Add or deduct any other differences available as necessary
At the end of this process, it is likely that both accounts would be equal and tally.
Please refer attached table for details on the calculation.