Answer:
$18,000
Explanation:
Data provided in the question
Liability policy for 18 months = $36,000
And, the crop damage policy = $12,000 for two years
So by considering the above information, the balance in the ending prepaid insurance account is
= Liability policy ÷ number of years
= $36,000 ÷ 2 years
= $18,000
By dividing the liability policy with the number of years we can get the ending balance and the same is shown above
Answer: Asset allocation
Explanation:
Asset allocation refers to the strategy of investing in different types of assets and investment vehicles so that the risks would be balanced by the rewards to be earned so that the investor will benefit.
Asset allocation is usually based on the investor's investment goals and their risk appetite. Those who are more risk tolerant will usually invest more in stocks so Siiri here is most likely risk averse but based on the percentage that went into stocks, they might be more risk neutral.
Answer:
The cost of goods available for sale is $4,760
Explanation:
Goods available for sales include all those goods which is available on the beginning of the period and all the purchases / production during the period.
Beginning Inventory = 20 x $44 = $880
Purchases for the month = ( 20 x 45 ) + ( 20 x 46 ) + ( 20 x 49 ) + ( 20 x 54 )
Purchases for the month = $900 + $920 + $980 + $1,080
Purchases for the month = $3,880
Cost of Goods available for sale = Beginning Inventory + Purchase for the month = $880 + $3,880 = $4,760
Answer:
The correct answer is Management by exception.
Explanation
Administration by exception is an approach that sometimes makes use of methods and procedures outside of normal policy and to achieve a certain purpose. This approach can be used as part of the response to a problem that arises during a specific project or during the course of some type of continuous function within the structure of the company. This occurrence of some type of deviation from the expected or budgeted result calls for adaptation and in some cases abandonment of normal management processes in favor of an approach that is likely to produce a positive response to abnormal results.
Answer:
Relaxing or removing government regulations that restrict the activities of firms in some or all industries is called deregulation.- True
