The elimination period also called waiting time is the
amount of time that should pass or be satisfied before the person can enjoy the
benefits of the disability plan.
Since the elimination period is 30 days or 1 month and
the insured is only disabled for about 3.5 months, therefore the benefits he
will receive would only be equivalent to 2.5 months worth of benefits.
Calculating for the maximum money he can received:
Maximum amount of money he can receive = monthly
indemnity benefit * number of months
Maximum amount of money he can receive = ($500 / month) *
(2.5 months)
<span>Maximum
amount of money he can receive = $1,250</span>
Answer
The answer and procedures of the exercise are attached in a microsoft excel document.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
Answer:
D. Resource scarcity is low
Explanation:
When environmental changes and complexities are at low levels ( that is, like technological changes, law, politics, conpetition, trends etc.) and also resource scarcity is low (which means resources are in abundance or plentiful), managers becomes more confident that they can understand, predict, and react to the external forces affecting their businesses.
Low resource scarcity is makes managers very confident because they have available more resources to undergo their production processes.
Answer:
It means the cash is overstated.
Explanation:
An overstated balance is an account balance that is claimed to have a larger balance than would be the case. The overstated cash is present in the account.
