Following are the correct terms for the descriptions provided.
1. Coverage
2. Risk Management
3. Insurer
4. Premium
5. Liability
6. Policy
7. Actuary
8. Claim
9. Deductible
10. Insurance
<h3>
Explanation</h3>
The correct answers for the explanation given in the question is described above.
An Insurance Company is called an Insurer, its products are called policy, they provide coverage for loss, this is a type of risk management, a person calculating all the figures is known as an Actuary, monthly or annually premiums are payable and claim can be made once the insured condition is met.
<h3 />
Therefore the answers are following
1. Coverage
2. Risk Management
3. Insurer
4. Premium
5. Liability
6. Policy
7. Actuary
8. Claim
9. Deductible
10. Insurance
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Answer:
A.The impact on the balance sheet after the payment of the dividends is a reduction in current asset-cash by $8580 as well as a drop in equity-specifically retained earnings by the same amount.
B.Total assets (book and market values) will decrease by $8580 and equity and liabilities on the other hand will also reduce by $8580.
A.The accounting entries in respect of the dividend payment will be :
Debit Retained earnings $8580
Credit Cash $8580
Explanation:
The dividends of $1.43 gives $8580 in total i.e $1.43*6000 shares
The impact of the dividend payment will be in terms of reduction in cash available for daily operations and reduction in funds attributable to shareholders.
Answer:
The correct option is D, outcome-based ethics.
Explanation:
Duty-based ethics preaches the idea that one should be seen doing the right thing at all times regardless of the consequences of one's actions, it is unlike the utilitarian approach to ethics where what is wrong or right is a function of having the greatest good for the greatest number of people not minding whether the approach used is wrong or right.
Corporate social responsibility involves the additional efforts put in by corporations in a bid to give back to society.
Religious ethical principles is about concluding on right or wrong using the lenses of religion.
Outcome-based ethics is a sharp contrast to duty-based ethics, as the outcome or consequence is what justifies the moral right or wrong. in other words the end justifies the means.
Answer:
A pay policy line <u>reflects the pay structure in the market, which always matches rates in the organization.</u>
Explanation:
A pay policy line is the salary level and organization chooses to pay its employees compared to the standard salary level in the market.
Organizations would prefer not to overpay or underpay their employees. Therefore they consider the standard pay structure of the market and match the amount they pay their employees to this structure.
Answer:
D they both will increase
Explanation:
Goodluck on that.
