Because a lot of modern technology mimics traditional technology, it just got faster and better
Answer: Most policies have a nonforfeiture benefit to refund a portion of a policy's cash value when coverage stops.
Explanation:
Term insurance is a type of life insurance policy whereby the policy owner will be given coverage for a particular time period.
It should be noted that term insurance can be renewed for additional periods without evidence of insurability and can also be converted to a permanent life insurance policy.
The option that most policies have a nonforfeiture benefit to refund a portion of a policy's cash value when coverage stops is not true.
Answer:
Statement of cash flows
Explanation:
The cash flow statements refers to the statement in which the cash inflow and cash outflow is taken place.
The cash flow statement includes three kinds of activities which are listed below:
1. Operating activities: This covers all transactions that after net income impact the working capital. It would subtract the rise in current assets and a reduction in current liabilities, while adding the decline in current assets and a rise in current liabilities.
It would adjust those changes in working capital. In fact, the depreciation cost is applied to the net income, and the loss on asset sales is added while the benefit on asset sales is deducted
2. Investing activities: it records activities that include buying and selling long-term assets. The acquisition is a cash outflow whereas the selling is a cash inflow
3. Financing activities: It reports activities that have an influence on long-term liability and equity balance of shareholders. Share issue is a cash inflow whereas redemption and dividend are cash outflows.
Qualification of the audit report.
A refusal by a lawyer to furnish information related to litigation included in the letter of inquiry is likely to result in Qualification of the audit report.
<h3>What is Qualification of the audit report?</h3>
- When the scope of the auditor's job is limited or when there is a difference of opinion with management on the application, acceptability, or sufficiency of accounting policies, the auditor's report is qualified.
- For auditors, a report must qualify an issue as material or as economically worthwhile.
<h3>What is an audit report with qualified opinion?</h3>
- An auditor's qualified opinion states that, with the exception of a particular area, the financials are fairly reported.
- A qualified opinion is typically still acceptable to lenders, creditors, and investors, unlike an unfavorable or disclaimer of opinion.
<h3>What exactly is qualified reporting?</h3>
- An audit report that has qualifications is one that is not error-free.
- The auditor may qualify his report if he has any concerns about particular processes indicated in the financial statements.
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The correct answer for the question that is being presented above is this one: "a) $11." The costs of production of a perfectly competitive soybean farmer are given in the table. The shut-down price for this firm is $11.
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The correct answer for the question that is being presented above is this one: "</span>a) establishing control over diamond mines." De Beers became a monopoly by <span>establishing control over diamond mines</span>