The term that describes the restoration of the insured person to the financial position that he or she was in before the loss occurred is called indemnity. This allows protection to the insurer in case of loss and damage and will protect against any legal quandry that may occur.
Answer:
b. 1 and 4
Explanation:
Current account contains information on a country's trade balance plus net income and direct payments
Export is when a country sells its product to other countries.
Import is when a country buys goods and services from other countries
When import exceeds export it means that the country is spending more than it receives as income from import. Thus, there's a deficit in the current account. A deficit occurs when import exceeds export
I hope my answer helps you
Hello! The higher the salary, the more skills that you need to obtain the job. So just by looking at the answer choices, it is definitely NOT A, because while Attorneys get paid the most of the jobs listed, Administrative Assistants get paid the least. B could be true, because both have the highest paid salaries, but I heard that jobs for law are pretty low, so I'll come back to B. It's not C, because being a teacher doesn't require as much skill as technology jobs do. Nurses (as well as the healthcare field in general) are in high demand and software engineers are, too, due to technology advancements. I think the answer is B, because those take a lot of skill, experience, and years of training to be really good at. The answer is B.
Answer:
The correct answer is A.true.
Explanation:
Fixed asset accounting systems include cost allocation and matching procedures that are not part of routine expenditure systems.
As per financial accounting standards fixed assets cost is capitalized and than depreciated over its useful life. Only that amount of asset cost is charged in profit and loss account that has been depreciated during the reporting period. However, in case of other routine expenses full amount is charged in p/l, in the period, in which these costs are incurred.
