Answer:
The answer is a) umbrella coverage
Explanation:
Umbrella coverage is an insurance that adds an extra layer of protection for liabilities not covered by any other policies. It gives an additional layer of security to the individuals who are in danger for being sued for harms to other individuals' property or wounds caused to others in a mishap. If you are the owner of important and valuable assets, purchasing umbrella insurance could be an intelligent move.
Even though insignificant explanatory variables can raise the adjusted R 2 of a demand function, one should not interpret their effects on the regression when testing marketing hypotheses about the determinants of demand.
What is meant by demand function?
A demand function is described by the equation p=f(x), p = f (x), where p represents the unit price and x represents the quantity in question. A demand function is typically characterized as a decreasing function of x, meaning that it gets smaller as x grows.
What is meant by regression in statistics?
Regression analysis is a statistical method for connecting a dependent variable to one or more independent (explanatory) variables. A regression model can demonstrate whether variations in the dependent variable are related to variations in one or more explanatory variables.
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Being an entrepreneur can be very stressful and sometimes seem like you may not reach your goal. Optimism can calm you down to make the decision that is better over time rather than rushing into a bad decision that seems good.
Answer:
C. Responsibility accounting
Explanation:
The correct answer is C.
Responsibility accounting is a concept of accounting that is used as performance measurement. The main idea is that big and varied organizations are difficult, and almost impossible to manage as one segment, therefore they must be cut into parts or separated into parts that can be managed. These parts, are called responsibility centers that include:
1. Cost centers,
2. Revenue centers,
3. profit centers, and
4. investment centers.
This approach gives room for responsibility to be given to the manager in these parts that have the biggest amount of influence over the key elements that are to be managed.
