This organization is called <u>"Medical Information Bureau (MIB)".</u>
The Medical Information Bureau is an organization, particularly an enrollment enterprise, who gathers data about health and life coverage candidates.
The objective of the organization is to help with the endorsing procedure, by giving a way to confirm the data gave in health and life insurance applications.
Over time, the MIB and the data they give has turned into the standard utilized by life coverage organizations to survey chance while evaluating rating classes to new customers.
D) as closing entries are apart og the accounting cycle, and only temporary accounts like expenses are closed.
Answer:
It is a relatively easy method to apply.
Explanation:
When accounting for a subsidiary, equity method is followed, whenever the shareholding percentage is equal or more than 20%.
But here, the parent company uses, initial value method for internal reporting.
Under initial value method the value of investment in subsidiary is recorded at cost, and then adjusted at year end at fair value, this clearly shows the gain or loss at each year end from such investment as per market norms.
There is no statutory requirement to follow such initial value method for internal reporting.
The correct reason therefore, is:
It is a relatively easy method to apply.
Answer:
having declining price levels affect the reinvestment rate of your current income stream
STEM is Science, Tech, Engineering, and Math
