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algol13
3 years ago
7

How frequently is the value of an insurer's variable subaccounts normally calculated?

Business
2 answers:
zavuch27 [327]3 years ago
8 0

A variable annuity contract is often described as a mutual fund family wrapped in an annuity contract. ... Many annuities offer a wide range of investment options, with up to 50 different funds. These annuity investment options are known as subaccounts. Some companies refer to these options as investment portfolios.

creativ13 [48]3 years ago
3 0

Answer:

Everyday because the ever-increasing complexity of our securities laws has led to a great deal of confusion among investors over the differences between mutual funds and variable annuity sub-accounts.

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What it means to you to communicate as a professional in a business context​
Len [333]
Professional communication refers to the oral, written, visual, and digital forms of delivering information in the context of a workplace. Effective professional communication is critical in today's world. ... Effective communication ensures a smooth flow of ideas, facts, decisions, and advice.
8 0
3 years ago
At the end of the current year, the accountant for Navistar Graphics forgot to make an adjusting entry to accrue Wages payable t
solniwko [45]

Answer: The correct answer is A). Net income is overstated.

Explanation: Net income is equal to Income less expenses. When an accrued expense is not recognised it results in an understated expense which in turn leads to an overstated net income.

Wages payable is a liability. An omission of such a liability means that wages expenses is also omitted.

3 0
3 years ago
Two managers in the research and development department of a company disagree on whether their organization should outsource dev
Allushta [10]

Answer:

Intragroup.

Explanation:

A manager can be defined as an individual who is saddled with the responsibility of providing guidance, support, supervision, administrative control, as well as acting as a role model or example to the employees working in an organization by being morally upright.

Generally, managers are typically involved in taking up leadership roles and as such are expected to be build a strong relationship between their employees or subordinates by creating a fair ground for effective communication and sharing of resources and information. Also, they are required to engage their staff members (entire workforce) in the most efficient and effective manner.

A functional (departmental) organizational structure is a type of structure used to organize staffs by dividing them into various departments based on their skill set, roles or functions and knowledge.

These departments which are vertically structured may include, finance, IT, sales and marketing, research and development, customer service etc. Also, the various departments are headed by a functional manager who are saddled with the responsibility of overseeing, managing and reporting to the executive management.

In this scenario, two managers in the same department of a company disagree on whether to outsource the development of a new product or staff it internally. Thus, this is an example of intragroup conflict because its happening within the same department of an organization having common goals and interests.

An intragroup conflict can be defined as a type of conflict that arises between individuals belonging to the same team or group.

5 0
3 years ago
Which explains a way banks channel money from savers to borrowers? (study island)
Andrew [12]
Banks lend money from saving accounts to people who need loans 
5 0
3 years ago
On December 31 of the current year, the unadjusted trial balance of a company using the percent of receivables method to estimat
devlian [24]

The amount that should be debited to Bad Debts Expense, assuming 3% of outstanding accounts receivable at the end of the current year are estimated to be uncollectible is $1,913

<h3>What is bad debts expenses?</h3>

Bad debt are debts owned to a business which cannot be recovered. Here, the customer has chosen not to pay this amount.

Computation of amount to be debited to Bad Debts Expense:

=  Accounts Receivable, debit balance of $97,800 *  3% of outstanding accounts receivable at the end of the current year

= $97,800 *  3%

= $2,934

Then,

= $2,934 - $1,021

= $1,913

Hence, the amount that should be debited to Bad Debts Expense, assuming 3% of outstanding accounts receivable at the end of the current year are estimated to be uncollectible is $1,913

Learn more about bad debts expenses here : brainly.com/question/18568784

4 0
2 years ago
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