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3 years ago

Two principles of fraud insurance

Business

1 answer:

Arturiano [62]3 years ago

8 0

hi buddy

here is your answer

Insurance fraud involves any misuse of insurance policies or applications in order to illegally gain or benefit.
Insurance fraud is usually an attempt to exploit an insurance contract for financial gain. The majority of insurance fraud cases involve exaggerated or false claims.

hope it helps

please mark me pls

#sibi❤

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Julio produces two types of calculator, standard and deluxe. The company is currently using a traditional costing system with ma

Julli [10]

Answer:

Results are below.

Explanation:

To calculate the predetermined manufacturing overhead rate we need to use the following formula:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 313,020 / 58,000

Predetermined manufacturing overhead rate= $5.4 per machine hour

Now, we can allocate overhead:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Standard= 5.4*26,500= $143,100

Deluxe= 5.4*31,500= $170,100

First, we need to calculate the allocation rates:

Material handling= 183,750 / 1,550= $118.55 per material moves

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Now, we can allocate overhead:

Standard= 118.55*625 + 271.48*85= $97,169.55

Deluxe= 118.55*925 + 271.48*575= $265,759.75

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3 years ago

The following information is taken from Reagan Company's December 31 balance sheet: Cash and cash equivalents $ 9,219 Accounts r

emmasim [6.3K]

Answer:

The correct answer is 44.73 days or 45 days.

Explanation:

According to the scenario, the computation of the given data are as follows:

We can calculate the day's sales uncollected by using following formula:

Day's sales uncollected = No. of days in year ÷ Debtor turnover ratio

Where, Debtor turnover ratio = Sales ÷ Accounts receivable

= $607,500 ÷ $74,422

= 8.16

So, by putting the value, we get

Day's sales uncollected = 365 days ÷ 8.16

= 44.73 days or 45 days.

6 0

3 years ago

The percentage of the US labor force that is unemployed is known as the __________.

melamori03 [73]

Answer:

Explanation:

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3 years ago

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A shopping product is a product which involves a lot of research and comparison with the similar products of other brand.

A shopping product can be categorized into

Homogeneous Product
Heterogeneous Product

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3 years ago

A publishing company sponsors a discussion session with seven college instructors who use a specific management textbook. The in

7nadin3 [17]

Answer:

Focus group

Explanation:

Focus group is a market research method that brings a few number of people together in order to get feedback from them regrading a business concept, product or service, etc. It is a research method used to gather opinion of the audience.

Focus group helps to easily measure or determine the reaction of customers, although it might not be in-depth enough.

Types of focus group includes single focus group, remote focus group, two way focus group, etc.

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3 years ago

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Two principles of fraud insurance​

Two principles of fraud insurance