All insurance is based on a principle calledA. premium earnings.
B. cash value coverage.
C. investment premiums.
D. division of risk.

Answers

Answer 1
Answer: All insurance is based on a principle called division of risk,this is based on how much risk the ensurer estimates the insured's coverage to be because the riskier the opportunity ( bad health ,area the home is in)the higher the premium cost.

Related Questions

An economy grows, reaches a peak, then begins a downturn, followed by a period of negative growth (a contraction), that ends in a trough before the next upturn. These ups and downs in an economy are often referred to as __________. A. boomsB. contractions C. business cycles D. recession and inflation
Give examples of three different economic freedoms in a free enterprise system.
: An item has a price tag of $35 and another tag that says, "20% Off." What is the sale price?
Information gathered from observing the growth of a fish over a month is calleda. data. b. inferences. c. variables. d. hypotheses.
"What is the assessment of the external environment? What are the critical issues facing the business? Can the business execute the strategy?" According to Bossidy and Charan, a ______ should address these some of these questions.

Ethan received a gift card and was considering three options: digital camera, cell phone, and video games. After carefully thinking about it, Ethan narrowed his decision down to the digital camera and the cell phone. Finally, Ethan chose the cell phone. In 3-5 sentences, define opportunity cost and trade-off and then explain the opportunity cost and trade-off of Ethan's decision.

Answers

The opportunity cost is the camera, it was the next best thing.  His trade-off was the video games.  An opportunity cost is the next best thing in line.  A trade-off is the option eliminated first, there can be many trade-offs but only 1 opportunity cost.

The opportunity cost was the camera, as it was the next best thing in his decision. The trade-off was the video games, as it was the first thing eliminated in his decision. There can be many trade-offs in a decision but only one opportunity cost, as trade-offs are everything eliminated and opportunity costs is the option that is not chosen out of the last two choices.

Hope this helps :)

Whether an item is large enough to likely influence the decision of an investor or creditor. (b) Constraint that weighs the cost that companies will incur to provide the information against the benefit that financial statement users will gain from having the information available.
(c) Obligations that a company expects to pay within the next year or operating cycle, whichever is longer.
(d) Information that is complete, neutral, and free from error. (e) The primary accounting standard-setting body in the United States.

Answers

Andswer:

The question is related to the Concept of Materiality. The concept is used to judge and measure whether an event or a transaction is able to influence the decisions of an investor.

In this scenario, the answer is (c) Obligations that a company expects to pay within the next year or operating cycle, whichever is longer.

Because the size and the nature of such obligations may influence investors to invest or not in the company.

Explanation:

What is the failure rate for a franchise?

Answers

Approximately 5% of franchises fail because survey's show about 95% success rate still in business.

Answer:

5 for pf students

Explanation:

Pf

What is the Best way to conduct a survey?

Answers

one good way is to do an online survey so you get the results intantly. the downside of online is that not every one knows that there is a survey.  Hard copy surveys are also good, but the tend to get lost and cluttered.  oh yeah, the more people take the survey, the more accurate it should be
hard copy is one way to do it

The Cats and Dogs League was organized as a nongovernmental not-for-profit organization. The League received a pledge of $10,000 to be used to build an addition to the kennel. This donation will not be received for three years. How should this pledge be recorded?a. It should not be accounted for until it is received.
b. As a conditional promise to give of $10,000.
c. As temporarily restricted support of the present value of $10,000.
d. As temporarily restricted support of $10,000.

Answers

Answer:

a. It should not be accounted for until it is received.

Explanation:

When a donor make a promise to make a donation of certain amount of money to a not-profit-organization, the amount is referred to as a pledge.

There are two important variations of a pledge depending on the conditions attached to it. These variations have to be considered when the pledge is being accounted for. The following are the two variations:

1. Unconditional pledge: This occurs when a pledge is committed to by a donor without any reservation. In this case, the funds will be recorded as revenue and an account receivable by the not-for-profit organisation that is receiving it.  

2. Conditional pledge: This occurs when a pledge is committed to by a donor but with a condition to be met attached to it. That is, the donor promises the organisation certain amount of money contingent upon some future event. In this case, the not-for-profit organisation will not record anything. The organisation has to wait until the condition is met. When the condition is eventually met, the pledge will then be recorded as revenue and an account receivable.

The answer:

Since a pledge of $10,000 received by the League has a condition attached to it that the donation will not be received for three years, that is, it will not be received until after three years, the pledge is considered as a conditional pledge. Therefore, the League will not record anything until after it receives the pledge.

Therefore, the Cats and Dogs League should not be accounted for until it is received.

I wish you the best.

The people within an organization who are responsible for supervising the organization's use of its resources are known as

Answers

As Managers

In order to maintain the productivity and efficiency , the company need Managers supervise all company's resources from the product resources to human resources.

These managers will report directly to the executive directors