Answer: Common disaster clause
Explanation:
Based in the information given in the question, the policy provision that will protect the rights of the contingent beneficiary to receive the policy benefits is the common disaster clause.
According to the common disaster clause, the primary beneficiary must survive the insured usually by a period of 30-90 days and if this doesn't happen, the benefit will be paid automatically to the secondary beneficiary.
The common disaster clause simply explains that even though there's an accident which leads to the death of the insured and the beneficiary, it'll be possible to determine that it was the beneficiary whom died last and the benefit will be given to the person accordingly.
Plankton Company uses LIFO for all of its inventories. During its second quarter of 20X1, Plankton experienced a LIFO liquidation. Plankton fully expects to replace the liquidated inventory in the early part of the third quarter. How should Plankton report the inventory temporarily liquidated on its income statement for the second quarter
Answer: Cost of goods sold for the second quarter should include the expected replacement cost of the goods temporarily liquidated
Explanation:
LIFO and FIFO are the methods that are used for inventory management. In order for Plankton to report the inventory temporarily liquidated on its income statement for the second quarter, the cost of goods that is sold for the second quarter should consist of the expected replacement cost of the goods temporarily liquidated.
An oil well exploded in Western Colorado, killing three workers. The well was owned by Denver-Carrington, a large multi-national oil company. The families of the workers are suing Denver-Carrington, claiming the company was negligent in maintaining the oil well. In its defense, Denver-Carrington offers two documents. The first is a monthly maintenance report filled out by the company's regional safety inspector, indicating that the oil well was inspected and found to be in good working condition every month from the day it was built until the day it exploded. The second is an e-mail, written by the same inspector to the CEO of the company, which was written a few hours after the incident and provides a physical description of the damage to the pump and the surrounding area. The plaintiffs object to both documents as hearsay. The judge should: a. Preclude both documents. b. Admit the monthly maintenance report but not the e-mail. c. Admit the e-mail but not the monthly maintenance report. d. Admit both documents.
Answer: . b. Admit the monthly maintenance report but not the e-mail.
Explanation:
The monthly maintenance report can be admitted because it was done without the extraordinary circumstance of the oil well explosion occurring. This is unlike the email that was only done after the well exploded.
The point it, the regional safety inspector made the maintenance reports without an explosion happening so there is less chance of bias. The email was however sent after the explosion so could be biased in order to avoid a law suit.
Masterson Company's budgeted production calls for 71,000 units in April and 67,000 units in May of a key raw material that costs $1.85 per unit. Each month's ending raw materials inventory should equal 20% of the following month's budgeted materials. The April 1 inventory for this material is 14,200 units. What is the budgeted materials purchases for April
Answer:
70,200 units
Explanation:
Calculation to determine the budgeted materials purchases for April
Using this formula
Budgeted material needed for april=April budgeted production calls +
+ (Ending inventory*Ending inventory percentage)- Beginning inventory
Let plug in the formula
Budgeted material needed for april= 71,000 + (67,000*20%) -14,200
Budgeted material needed for april= 71,000 + 13,400-14,200
Budgeted material needed for april= 70,200 units
Therefore the budgeted materials purchases for April is 70,200 units
When interest is accrued on a note payable, but not paid, the A. Interest Expense account is increased; the Interest Payable account is decreased. B. Notes Payable account is increased; the Interest Payable account is increased. C. Interest Expense account is increased; the Interest Payable account is increased. D. Interest Expense account is decreased; the Interest Payable account is increased.
Answer:
C. Interest Expense account is increased; the Interest Payable account is increased.
Explanation:
A secured interest can be defined as a legal right granted by a borrower to a lender (creditor) over a collateral (the borrower's property) which permits or allow the lender to have a right to possess the property as soon as the lender defaults in making payment. The payment which is expected to be made by the borrower of a mortgage loan is considered a secured obligation because it is a lien or an enforceable legal claim.
When interest is accrued on a note payable, but not paid, the Interest Expense account is increased; the Interest Payable account is increased.
A company has budgeted direct materials purchases of $290000 in July and $460000 in August. Past experience indicates that the company pays for 70% of its purchases in the month of purchase and the remaining 30% in the next month. During August, the following items were budgeted: Wages Expense $80000 Purchase of office equipment 65000 Selling and Administrative Expenses 42000 Depreciation Expense 29000 The budgeted cash disbursements for August are
Answer:
$596,000
Explanation:
Calculation to determine what The budgeted cash disbursements for August are:
Wages Expense $80,000
Add Purchase of office equipment $65,000
Add Selling and Administrative Expenses $42,000
Add August budgeted direct materials $322,000
($460,000*.70)
Add July budgeted direct materials $87,000
($290,000*.30)
Budgeted cash disbursements $596,000
($80,000+$65,000+$42,000+$322,000+$87,000)
Therefore The budgeted cash disbursements for August are $596,000
The two neighbors of the United States do a lot more trade with the United States than European economies of equal size. A) This contradicts predictions from gravity models. B) This is consistent with predictions from gravity models. C) This is irrelevant to any inferences that may be drawn from gravity models. D) This is because these neighboring countries have exceptionally large GDPs. E) This relates to Belgium's trade record with the U.S.
Answer:
B) This is consistent with predictions from gravity models.
Explanation:
Gravity model suggests that the volume of trade that occurs between countries close to one another exceeds those with other countries that are are away.
Distance between nations is seen to have a negative effect on the volume traded between two nations. So the further a nation the less trade that will be done with it.
In the given scenario where two neighbors of the United States do a lot more trade with the United States than European economies of equal size, it is consistent with the gravity model.
All of the following are true regarding a decreasing term policy EXCEPT
A. The payable premium amount steadily declines throughout the duration of the contract.
B. The death benefit is $0 at the end of the policy term.
C. The contract pays only in the event of death during the term and there is no cash value.
D. The face amount steadily declines throughout the duration of the contract.
The statement "The payable premium amount steadily declines throughout the duration of the contract" is not true in the context of decreasing term policy.
To know that which statement is not true, we will the facts associated with 'Decreasing Term Policy';
The insurance amount keeps reducing with the policy's life at a rate which is previously decided at the time of insurance.The amount paid in premium remains stable across the duration of the insurance. Such a policy pays a non-consolidated amount if the insurer dies prior to the maturity of the agreed term.Thus, this shows that option A asserts a false claim regarding 'Decreasing Term Policy.'
Learn more about 'Decreasing Term Policy' here:
brainly.com/question/1425143
Define service level. Multiple choice question. It is the ratio between average inventory and the level of sales. It is the measure of how well the objective of meeting customer demand is met. It is the number of days of business operations that can be supported with the inventory on hand. It is an event that occurs when no inventory is available.
Answer:
It is the measure of how well the objective of meeting customer demand is met.
Explanation:
Working capital is ______. Multiple select question. treated as a cash inflow when released at the end of a project. not discounted when computing the net present value of an investment treated as a cash outflow when required at the beginning of a project. not treated as a cash flow in an investment project.
Answer:
treated as a cash inflow when released at the end of a project.
Explanation:
A statement of cash flows is also known as cash flow statement and it is a financial statement which is used to illustrate how changes in income and various account of the balance sheet affect cash and cash equivalents.
The statement of cash flows is also used by financial experts or accountants to breakdown the cash-flow analysis into;
1. Cash-flow from operating activities
2. Cash-flow from investing activities.
3. Cash-flow from financing activities.
Basically, a cash inflow can be defined as an amount of money that flows into a business.
In Financial accounting, working capital is calculated by subtracting the value of current liabilities from current assets.
Working capital often increases when a new project is taking up, is treated as a cash inflow when released at the end of a project and it's typically treated as a cash-outflow if it's required at the start (beginning) of a project.
how can foreign employment play a significant role in raising the economic standard of people? (●-●)
Answer:
Answer to the following question is as follows;
Explanation:
Foreign work raises people's living standards and has become a significant source of international money. Foreign employment helps a country's unemployment crisis. Due to a lack of suitable employment opportunities in the domestic labour market, about 800,000 youngsters have gone abroad until Asar 2064.
An increase in the demand for movies also increases the salaries of actors and actresses. Is the​ long-run supply curve for movies likely to be horizontal or upward​ sloping? Explain. If an increase in the demand for movies also increases the salaries of actors and​ actresses, then the​ long-run supply curve for movies is likely to be A. upward sloping because increases in output raise input prices . B. horizontal because the input supply curve is horizontal. C. upward sloping because increases in output lower input prices. D. horizontal because returns to scale are constant . E. horizontal because the input supply curve is upward sloping .
Answer:
A
Explanation:
If there is an increase in the demand for movies, producers would want to make more movies. This would lead to an increase in the demand for actors
The demand for actors can be seen as derived demand.
Derived demand is demand for a good or service that is dependent on the demand for another good.
Due to the increase in the demand for actors, there would be a rightward shift of the demand curve for actors. This would lead to a rise in equilibrium salary for actors and an increase in equilibrium quantity of actors.
As a result of the increase in the salary of actors, the cost of producing a movie increases.
Suppose a consumer only purchases food and clothing, and food is plotted along the horizontal axis of the consumer's indifference map. If the price of clothing increases and the price of food and income do not change, then the budget line changes by rotating: Group of answer choices clockwise about the fixed horizontal axis intercept. clockwise about the fixed vertical axis intercept. counter-clockwise about the fixed vertical axis intercept. counter-clockwise about the fixed horizontal axis intercept. none of these options is correct.
Answer:
counter-clockwise about the fixed horizontal axis intercept.
Explanation:
An indifference curve is a graph that shows the two combinations of goods for which an individual is indifferent in its consumption.
Points on an indifference curve represents various combination of goods to which an individual is indifferent to
higher indifference curve represents higher level of utility
An indifference map is a graph of various indifference curves
On the indifference map, indifference curves that are higher would be more preferred to those that are lower
Behavioral targeting is the practice of ______. Multiple choice question. visiting a retail store to inspect merchandise but them purchasing online using information from cookies for directing online advertising from marketers to online shoppers forwarding a marketer-initiated message to others via electronic channels posting video blogs of merchandise purchase
Answer:
using information from cookies for directing online advertising from marketers to online shopper
Explanation:
A firm has a debt-to-equity ratio of 0.50 and debt equal to $35 million. The firm acquires new equipment with a 3-year operating lease that has a present value of lease payments of $12 million. The most appropriate analyst treatment of this operating lease will: increase the debt-to-equity ratio to 0.57. leave the debt-to-equity ratio unchanged at 0.5. increase the debt-to-equity ratio to 0.67.
Answer:
($35 million + $12 million) / $70 million = 0.6714
Explanation:
Bryan works as a salesman for Jumbo Corp. Last year his sales target was $3 million. This year in an aggressive bid for growth, the company increased the sales quota for all its sales people to $5 million, although the market for Jumbo Corps products had slowed. In order to meet his target, Bryan bribed an official of a potential customer. The roots of his unethical behavior can be traced to ___ cultural differences in countries. varying ethical standards in different nations. unrealistic performance goals. strong personal ethics among employees.
Answer:
unrealistic performance goals.
Explanation:
Unethical action is defined as one that is carried out by an individual that is seen as wrong or outside of expected behaviour in a particular environment.
In the given scenario Bryan bribed an official of a potential customer.
However his action is as a result of the company increasing the sales quota from $3 million for all its sales people to $5 million.
This is despite the market for Jumbo Corps products having slowed.
The target was unrealistic driving Bryan to take the action he did
Profession in medical are not practice for money but for public welfare? Do you support this statement? Explain.
please help me
Answer:
Explanation:
if a Doctor decrease his price than poor people can get a better health care for them it
MC Qu. 01 Darius is considering buying new bedroom... Darius is considering buying new bedroom furniture. Naturally, he compares several types of beds, dressers, and bedside tables, but he also is evaluating each product's reputation, warranty, his own experience with the brand and, of course, the price. All of the components that Darius is evaluating make up Multiple Choice the total product offering. his product mix. his brand awareness. the core product evaluation.
Answer:
the total product offering.
Explanation:
A product can be defined as any physical object or material that typically satisfy and meets the demands, needs or wants of customers. Some examples of a product are mobile phones, television, microphone, microwave oven, bread, pencil, freezer, beverages, furniture, computer, soft drinks, motorcycles, shoes, clothes, etc.
A total product offering can be defined as all of the features and attributes of a product that a consumer evaluates when he or she is deciding whether or not to buy a particular product. Some of the important elements of a total product offering are price, convenience, guarantee, warranty, producer's reputation, buyers' past experience, speed of delivery, brand name, package, etc.
In this scenario, Darius wants to buy a new bedroom furniture. Naturally, he compares the various attributes of a product which include types, warranty, reputation, price, product experience, etc.
Hence, all of the components that Darius is evaluating make up the total product offering.
A builder from State A sued a homeowner from State B for breach of contract in federal court, alleging that the homeowner failed to pay the second half of the agreed-upon price for completion of construction on a house. The process server attempted to serve the summons and complaint on the homeowner at the house, but after two failed attempts, instead served it on an elderly next-door neighbor, who was out in the front yard and volunteered to accept it on the homeowner's behalf. The homeowner then filed a motion to dismiss for insufficient process. Assume that the requirements for service of process in both states are identical to the requirements of the Federal Rules of Civil Procedure. Is the court likely to dismiss the action for insufficient process
Answer:
No
Explanation:
It is very unlikely they the case is dropped for insufficient process as the scenario does not describe any defect in the documentation and writings contained in the document. The issue with the process is likely in the manner in which the document was served. This is because, the document was served to an elderly next door neighbor which in a way can allow the homeowner to file for insufficient service of process. Therefore, the homeowner will most likely fail in it's quest to have the case dropped for insufficient process based on the argument presented above.
J is issued a Life Insurance policy with a death benefit of $100,000. She pays $600 per year in premium for the first 5 years. The premium then increases to $900 per year in the sixth year, and remains level thereafter. The policy's death benefit also remains at $100,000. Which type of Life Insurance policy is this?
Answer:
Modified Premium Life
Explanation:
The modified premium life is the whole life insurance policy in which the insured person paid the lower amount of premium as compared with the agreed amount for the given time period. When the given time period is done so the payment of the premium should be increased and it can be high as compared to the normal amount
So this means that the premium should be less for 5 years and it could be increased in the sixth year and so on
Therefore the option d is correct
what is a sole trader?
Answer: A person who owns and runs a business, which is normally a small business (eg. Shop Owner).
The sole trader has unlimited liability, meaning that his assets will be used in case of default to pay.
Amelia is getting ready to sell her house. Her agent wants to do a CMA to help her determine the listing price. Amelia says it's not necessary, as she has the appraisal of the home from when she bought it eight years go. Her agent informs her that that valuation is no longer accurate. What principle of value is driving her agent's opinion
Answer:
Principle of change.
Explanation:
CMA is an acronym for comparative market analysis and it can be defined as an estimate of the value of a house based on the market value of similar houses that were sold in the immediate area where it's located. Thus, it's a tool used by real estate agents to determine or measure the value of a property for a seller.
In this scenario, Amelia's agent informed her that the valuation of eight years ago is no longer accurate.
Hence, the principle of value that is driving her agent's opinion is a principle of change.
You want to invest in a riskless project in Sweden. The project has an initial cost of SKr3.86 million and is expected to produce cash inflows of SKr1.76 million a year for three years. The project will be worthless after three years. The expected inflation rate in Sweden is 3.2 percent while it is 2.8 percent in the U.S. A risk-free security is paying 4.1 percent in the U.S. The current spot rate is SKr7.7274. What is the net present value of this project in Swedish krona if the international Fisher effect applies
Answer:
Skr 978,177
Explanation:
The computation of the net present value is given below:
Given that
Inflation in USA = 2.80%
The Nominal rate in USA = 4.10%
As we know that
Real rate = Nominal rate - inflation
Real rate = 4.10% - 2.80%
= 1.3%
Now nominal rate in Sweden should be
= Real rate + Inflation
= 1.3% + 3.20%
= 4.50%
Net present value = initial outlay + Present value (Cash Flow)
NPV(in SKr million) = -3.86 + 1.76 ÷ (1+0.045) + 1.76 ÷ (1+0.045)^2 + 1.76 ÷ (1+0.045)^3
= -3.86 + 4.838177
= 0.978177 million
= Skr 978,177
You are new to an organization and do not really know what to expect about the socialization process. You recently received your MBA and have an undergraduate degree in computer science. Your new firm is a software development company with an emphasis in the healthcare industry. Your hiring process included campus interviews, a daylong trip for an interview at the company, an offer phone call and letter, and some promotional material sent via the mail. When you arrive for your first day at work, you spend half a day in an orientation session that is conducted by the human resources department, where you complete paperwork and receive a company handbook. Then you spend the rest of the day with your supervisor, who gives you a tour, introduces you to your co-workers, and explains your first project. After that, you begin working and getting to know the others in the company. You find that in most respects, your experience fits your expectations, but in some ways you are surprised by realities that you hadn't expected. None of these surprises is too difficult to accept, so you eventually begin to feel at home and happy with your new job. When you begin to notice things that are not as you expected, you are in the ________ stage of socialization. encounter post-arrival orientation prearrival metamorphosis
Answer: encounter
Explanation:
Since the person is new to the organization and begin to notice things that are not going as expected, then the person is in the encounter stage of socialization.
Encounter stage is known as the second phase of socialization. It is the point of entry when a person first enters their new job. It depicts change and is a surprise of the newcomer.
Which of the following statements is true?
A. ASC 740 focuses on the income tax expense or benefit on the income statement
B. ASC 740 focuses on the balances in the deferred tax assets and liabilities on the balance sheet
C. ASC 740 focuses on the income taxes paid or refunded in the Statement of Cash Flows
D. ASC 740 focuses on the computation of a company's effective tax rate in the income tax note to the financial statements
Answer:
B. ASC 740 focuses on the balances in the deferred tax assets and liabilities on the balance sheet
Explanation:
ASC 740 applied the asset and liability approach for determining the current tax payable of the company and deferred tax payable for the company both should be refundable also its main focus is on the company balance sheet
So as per the given options, the option b is correct as it focused on the deferred tax asset and the deferred tax liabilities that to be shown on the balance sheet
So, other options should be wrong
what is meant by business objectives
Answer:
Business objectives are something which a business organisation wants to achieve or accomplish over a specified period of time. These may be to earn profit for its growth and development, to provide quality goods to its customers, to protect the environment, etc.
Answer:
Business objectives are something that a business organization wants to achieve or accomplish over a specified period of time.
Explanation:
These may be to earn profit for its growth and development, to provide quality goods to its customers, to protect the environment, etc.
In the context of managing international transfers and assignments, repatriation occurs when a manager is: a. brought back home from a foreign assignment. b. expelled from the foreign country where he or she is sent on an assignment. c. deported from his home country to a foreign country. d. sent by his or her company on a second foreign assignment.
Answer:
a. brought back home from a foreign assignment.
Explanation:
Repatriation is the action of a company that involves reassignment of an expatriate manager from a foreign country to his home country.
This is a work related transfer and does no have to do with expulsion or deportation from the foreign country.
Usually this is done when an overseas assignment has come to an end.
There is a need to properly asses their role in the foreign country and give them an equally challenging role in the home country.
This will ensure ongoing job satisfaction.
A competitive firm operating in the short run is maximizing profits and just breaking even. Its costs include a monthly license fee of $100 that is imposed by the state and must be paid for as long as the firm is in existence. The license fee is now raised to $150. To continue to maximize profits in the short run, the firm should: Question 2 options: a) increase output. b) increase price. c) not change output. d) reduce output.
Answer:
C
Explanation:
The short run is a period where all factors of production are fixed. In the short run, a firm would continue to produce if price is above average variable cost. If this is not the case, it would shut down.
In the short run, price and output cannot be changed.
The long run is a period where all factors of production are varied. It is known as the planning time for a company
Toby operates a small deli downtown. The deli industry is monopolistically competitive. Toby, along with every other deli in town, is producing the quantity that minimizes average total cost. Assuming the delis are maximizing profits, the: Group of answer choices delis' prices equal their average total costs. number of delis will eventually increase. number of delis will eventually decrease. delis have excess capacity.
Answer:
number of delis will eventually increase.
Explanation:
A monopolistic competition is when there are many firms selling differentiated products in an industry. A monopolistic competition has characteristics of both a monopoly and a perfect competition. the demand curve is downward sloping. it sets the price for its goods and services.
An example of monopolistic competition are restaurants
When firms are earning positive economic profit, in the long run, firms enter into the industry. This drives economic profit to zero
If firms are earning negative economic profit, in the long run, firms leave the industry. This drives economic profit to zero
in the long run, only normal profit is earned
The deli industry in the town is still earning economic profit because it is producing the quantity that minimizes average total cost. Therefore, in the long run, more firms would enter in the industry.
What are the qualifications to become a primary teacher and a secondary? Write them.
Answer:
The eligibility requirement for a Primary Teacher in a Government School is Senior Secondary School certificate or Intermediate or its equivalent, and Bachelor of Elementary Education (B. El. Ed.), or Diploma or certificate in basic teachers' training of not less than two years duration.
A product's target market is part of which of the 4 P's of marketing?
Answer:
Place
Explanation:
The marketing mix is defined as a set of the marketing tools which the organizations use them to obtain their marketing objectives in their target markets.
In other words, it is the foundation model for the businesses. It defines the key management decisions that are needed to achieve success in the marketing world.
The four P's in marketing are :
price , product , place and promotion.
A product's target market is a part of 'place' of the 4 P's of the marketing strategy.
