<span>Which choice is the correct statement about "comprehensive" insurance?
B. Comprehensive insurance provides you coverage for both collision and physical damage.
Question 2
If I make a lot of claims on my insurance, my insurance cost will probably go up. TRUE
Question 3
What are some of the obligations you must fulfill for an insurance policy to be in effect? C. Both A and B.
What is collision insurance? B. Collision insurance is the coverage your insurance company gives you that only covers physical damage to a vehicle. Collision insurance usually has a "deductible" which means that the company will not pay 100% of damages.
All insurance companies charge the same rates for insurance coverage. FALSE
What is an insurance "deductible"?
D. An insurance deductible is what you pay yearly for car insurance if you don't have accidents.
What is an insurance policy?
B. An insurance policy is a document that tells you what you must pay for insurance coverage and what the insurance company is - and is not - covering.
What is the purpose of insurance?
D. Both B and C.
Life insurance can be most valuable in which of these cases?
D. Both B and C.
It is always smart to compare insurance costs between different companies. Insurance agents are usually good people. But remember that the job of insurance agents at most companies is to sell you their insurance policies. Their job is not to tell you that another company has a better and less-expensive policy. True.
What are some of the factors that would influence your insurance costs?
C. The type of car you drive.
In which cases does property insurance normally give you coverage?
D. All of the above.
Some insurance usually has a higher price for younger people because younger people have more accidents.FALSE
Health insurance is designed to cover some or all of your expenses related to accidents and some health issues.TRUE
Which actions will many insurance companies take if you receive a DUI?
C. Both A and B.
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Answer:$192.200
Explanation: sales revenue ($135 × 6,200) ................................................. $837,000 Variable cost: .......................................................................... Direct materials ($49 × 6,200) ........................................... $303,800 Direct labor ($38 × 6,200) .................................................. 235,000 Variable manufacturing overhead ($6 × 6,200) .................. 37,200 Variable selling and administrative ($11 × 6,200) ............. 68,200 644,800 Contribution margin ............................................................... $192,200
Answer:
Lifo in inflationary- condition Income tax shows minimum amount, when there is inflation in the economy.
Fifo In inflationary condition, income tax shows a higher amount.
Lifo .in deflation .In case of deflation, larger amount of income tax is shown. Fifo in deflation .Reduced income tax will be shown in deflationary conditions
Explanation:
Lifo in inflationary- condition Income tax shows minimum amount, when there is inflation in the economy.
Fifo In inflationary condition, income tax shows a higher amount.
Lifo .in deflation .In case of deflation, larger amount of income tax is shown. Fifo in deflation .Reduced income tax will be shown in deflationary conditions.
Answer:
the labor force participation rate is 80%
Explanation:
The computation of the labor force participation rate is given below:
Labor force participation rate = labor force ÷ working-age population × 100
= 400,000 ÷ 500,000 × 100
= 4 ÷ 5 × 100
= 80%
hence, the labor force participation rate is 80%
Answer:
A $500 travelers check
Explanation:
A $500 travelers check is the most liquid asset because it can be directly exchanged for currency. In fact, travelers checks are so liquid that they are included in the money aggregate M1, the money supply measure that is the most liquid.