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2 years ago

Insurance test the possible risk of loss in business

1 answer:

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Answer: In insurance terms, this is the likelihood that an event (such as death or injury) will happen. Previous. Champus. Risk refers to the “chance of loss.” ... Only pure risk is insurable. A loss is an unexpected decrease in financial value. A peril is what the insurance protects against. A hazard is anything that increases the chance of a peril or the severity of a loss, should one occur.

Hope this helps........ Stay safe and have a Merry Christmas!!!!!!! :D

Explanation:

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Wood Incorporated factored $165,600 of accounts receivable with Engram Factors Inc. on a without recourse basis. Engram assesses

ruslelena [56]

Answer:

The journal entries are shown below:

Explanation:

Cash $149,040

Due from factor $11,592 ($165,600 × 3%)

Loss on sale of receivables $4,968 ($165,600 × 3%)

To Account receivable $165,600

(Being the factoring of account receivable is recorded)

Account receivable $165,600

To Due from factor $11,592 ($165,600 × 3%)

To Cash $149,040

To Gain on sale of receivables $4,968 ($165,600 × 3%)

(Being the factoring of account receivable is recorded)

Only these entries are passed

5 0

3 years ago

A strategy that focuses on increasing the attractiveness of a product is referred to as a

NARA [144]

Answer:

Differentiation strategy

Explanation:

Differentiation strategy is an approach by a business to make its products and services unique and better in comparison to products from its competitors. The strategy aims at creating a perception in customer's minds that the company products are superior.

The company aims to attract more sales by distinguishing itself from the competition.

6 0

3 years ago

Companies employing total quality management (TQM) programs know that Multiple Choice quality control should be incorporated onl

ladessa [460]

Answer:

TQM requires constant improvements in all areas of the company as well as employee empowerment.

Explanation:

As the name implies, total quality management requires constant improvements in all areas of the company as well as employee empowerment.

In other words, the company expects 99.99% accuracy in all areas of operations which should also include employee empowerment so that they can better meet quality standards.

4 0

3 years ago

Human capital is:________

Dvinal [7]

Answer:

Human capital is an intangible asset or quality not listed on a company's balance sheet.

Explanation:

It can be classified as the economic value of a worker's experience and skills. This includes assets like education, training, intelligence, skills, health, and other things employers value such as loyalty and punctuality. hope this helps you :)

3 0

3 years ago

He contract that contains provisions for surface leases related to a property is the _____.

vfiekz [6]

The contract that contains provisions for surface leases related to a property is the Farm and Ranch contract.

A void contract is a contract that fails a validity test and is therefore not a contract. A void contract is a contract that initially appears valid but may be terminated by a party deemed to have interfered in some way.

After a reasonable period of time, the contract is considered accepted and can no longer be objected to. Other examples include real estate contracts, attorney contracts, etc. If a contract is concluded without the free consent of the parties, it will be considered a void contract.

A voidable contract is a formal agreement between two parties that can be made unenforceable for a variety of legal reasons, including Errors, Misrepresentations, or Fraud. Excessive influence or coercion.

Learn more about contracts here brainly.com/question/984979

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2 years ago

Insurance test the possible risk of loss in business​

Insurance test the possible risk of loss in business