Explanation:
during pre planning, planning is being taken place during this stage in which the planning or brain storming is being done in advance in a form of having to organize the things that a team should do to finish a task ahead of time or just right in time
Insurance companies create a pool of funds to handle risk and provide financial protection to policyholders.
Insurance companies create a pool of funds by collecting premiums from policyholders. These funds are used to cover potential losses and liabilities that may arise from insured events.
By pooling resources from a large number of policyholders, insurance companies are able to spread the financial risk associated with unexpected events.
This allows them to provide financial protection and compensation to policyholders in the event of covered losses, such as accidents, property damage, or medical expenses.
The pooling of funds enables insurance companies to manage risks effectively and fulfill their role in providing security and peace of mind to individuals and businesses.
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Answer:
True.
Explanation:
Design of experiments can be defined as a systematic approach used to determine the relationship between factors (variables) affecting a process and its overall outcome or end result.
Generally, design of experiments involves the process of planning, conducting, evaluating and interpretation of controlled data to yield valid and objective outcomes.
Hence, design of experiments is a technique that helps identify which variables have the most influence on the overall outcome of a process.
This ultimately implies that, in order to achieve greater success and optimum level of output in an organization; design of experiments can be used to find cause-and-effect relationships of a process.
In conclusion, understanding which variables affect outcome is a very important part of quality planning.
indirect tax
proportional tax
direct tax
Answer:
It is a type of indirect tax
Explanation:
Answer:
A) $94, 244
Explanation:
The agreement required 8 installment payment of $20,000 each, the first one was due on the same day the agreement was made (December 30). The December 31 balance account of the note payable equals the present value of the 7 remaining payments:
the present value factor of an ordinary annuity for 7 years ans 11% interest rate = 4.712
so the present value of the note payable = $20,000 x 4.7122 = $94,244