An insurance applicant must be informed of an investigation.
a. true
b. false
Answers
The statement, "An insurance applicant must be informed of an investigation" is True.
Insurance is a legal contract between two parties, namely the insurance provider (insurer) and the individual or business purchasing the policy (policyholder or insured). The insurance provider offers a guarantee that if the policyholder experiences losses covered under the policy, the provider will reimburse the policyholder. In return, the policyholder agrees to pay a fee or premium to the insurance company.
Insurance policies can provide coverage for a variety of risks, such as life insurance, health insurance, property insurance, and auto insurance. An insurance applicant is a person or entity that has applied for insurance. An applicant must provide specific information to the insurer, such as personal information, coverage requirements, and the type of insurance policy they wish to buy.
An insurance investigation is an inquiry by an insurance company to gather details about a claim or policyholder. Insurers typically investigate claims to determine the validity of a claim or to assess the degree of harm to a policyholder before paying out a claim. Investigations can include interviews with the policyholder, witnesses, and any necessary authorities. An insurance applicant must be informed of an investigation.
The insurance applicant should be told about the investigation, its scope, and its purpose. The purpose of informing the applicant about the investigation is to prevent the insurer from taking any action that could be detrimental to the applicant. It also guarantees that the applicant is aware of their rights throughout the process.
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Related Questions
NEED HELP
Employees usually have options for how they will be paid. Most employers offer either a
BLANK or BLANK
, but there are also cases where employees are paid in BLANK
Answers
Hope this helps! :)
1) Robolane Incorporated manufactures and distributes small robotic toys. Because most of its orders are via telephone or fax, numerous orders have to be reworked. The average cost of the reworked orders is $12.45: $5 for labor, $5.15 for more materials, and $2.30 for overhead. This ratio of costs holds for the average original order. On a recent day, the shop reworked 80 orders out of 800. The original cost of the 80 orders totaled $2,000. The average cost of all orders is $26.245, including rework, with an average selling price of $35. Required: Prepare the necessary journal entry to record the rework for the day if the shop charges such activities to Robo Department Overhead Control. Prepare journal entries to record all relevant rework charges as well as to transfer the reworked items finished goods to Finished Goods Inventory.
Answers
Answer:
Following are the Journal entries to the given question:
Explanation:
Accounts Dr Cr
Robo Department Overhead Control 996
Materials Control \((80 \times 5.15) \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 412\)
Wages Payable \((80\times 5)\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 400\)
Shop overhead control\((80\times 2.30) \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 184\)
Finished Goods \(2000\)
Work in process control \(2000\)
help me plzzz
true or false
1.negotiating styles have been standardized in international markets
2.political risk refers to political decisions, conditions, events or activities in a country business climate
Answers
1.false
2.true
State 3 ways in which you may develop your knowledge of the product/service.
Answers
Explanation:
Offer hands-on experience. ...
Encourage conventional and creative information sources. ...
Provide opportunities to practice. ...
Use microlearning. ...
Focus on customer needs. ...
Provide consistent training. ...
Offer incentives. ...
Hold out-of-office training
When sierra thinks about Chick-fil-A, she Emily thinks about the high-quality chicken that she last ate there, served hot and fresh by fast and friendly employees. Next, she recalls the clever cows that she is used to seeing on local billboards and in stores or promote the brand. The _____________ of the Chick-fil-A brand is firmly established in her mind, based on how the brand communicates with her and ultimately provides a positive experience.
a) Targeting
b) Segmentation
c) Equity
d) Positioning
e) Loyalty
Answers
Answer:
Positioning
Explanation:
name one way that a debit card and a credit card are different.
Answers
Answer:
Explanation:
Debit cards typically pull funds from a checking account, while credit cards charge purchases using a line of credit. With a debit card, you're spending money from your own funds. Use a credit card and you're borrowing the money and eventually will have to pay it back to the card issuer, perhaps including interest.
(If you can answer this question, please answer it. No one's been answering my questions ): )
Think about price, place, promotion, and product.
Do you see any limitations to using these methods to create a marketing plan? If so what limitations do you foresee?
Answers
Hope this helps :)
What is reality???????????????????????????????
Answers
Answer:
Reality is a state of consciousness and awareness whereby one can feel and comprehend his himself and his mind and his soul to live in.WARNING: if this is your exam question, please you might not pass with this answer. lolHope this helps
Good luck ALWAYS ✅.
What is the main advantage associated with being a first-mover?
Answers
A first mover is a service or product that, by being the first to market with a product or service, acquires a competitive advantage. Being the first usually allows a business to build significant brand awareness and customer loyalty before rivals enter the market.
First-mover advantage is the theory that a corporation acquires a competitive edge over its actual and potential rivals by entering a new market first, eventually leading to increased revenues and profits.
A company is considered to be a "first mover" if it enters the market first with a novel good or service. This is frequently a positive thing. The 'first' position, however, is not without its difficulties.
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Which asset type would be most useful as part of an income investment
strategy?
Answers
The asset type that would most fit an income investment strategy is C. Real estate.
Investment in real estate can come in several forms such as:
Investments in selling houses Investments in commercial propertyInvestment in rental private propertyInvestments in commercial property and rental private property will lead to a person getting regular income when rent is paid so it would be part of an income investment strategy which calls for regular income.
In conclusion, income investment strategy would best be achieved with real estate.
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Answer:
C
Explanation:
real estate
A process has a yield of 50 percent. How many units are needed as inflow to create an outflow of 40 units per day?O 10 O 20 O 80 O 90 As the attrition loss in a process increases, what happens to the yield? The yield increases. O The yield stays the same. O The yield decreases. O Cannot determine from the given information.
Answers
As the attrition loss in a process increases, c) The yield decreases.
The progressive loss of staff due to resignation, retirement, or death is known as attrition. It may also refer to the total number of workers who depart a company in a specific time frame. Attrition comes in three flavours: natural, involuntary, and voluntary.
Employees who quit a company voluntarily do so on their own volition. This could be due to a number of factors, including a better job offer, a desire for a change of scenery, or dissatisfaction with the company's management or policy.
Employees that are compelled to quit a company, typically as a result of layoffs or downsizing, is known as involuntary attrition. Employees that leave an organisation naturally do so because of relocation, death, or retirement.
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Correct question:
As the attrition loss in a process increases, what happens to the yield?
a) The yield increases.
b) The yield stays the same.
c) The yield decreases.
d) Cannot determine from the given information.
How do I quit my job as cashier already wrote resignation letter
Answers
A business executive feels the need to win in everything he does, from his business deals, to his golf, and even with his romantic partners. The executive's behavior illustrates a(n):
Answers
A business executive feels the need to win in everything he does, from his business deals, to his golf, and even with his romantic partners. The executive's behavior illustrates a(n):need for achievement.
What is need for achievement?Need for achievement can be defined as the way in which a person is determine to achieve their goals or when a person is always eager to achieve their set goals and objectives.
Hence, the personalities display by the business executives is called need for achievement as the executives feels the need to win in everything he does,.
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A bookstore costs $90 a day to keep open, and spends $12 for each book it sells. The store charges $18 for each book it sells. If n represents the number of books sold, which equation represents the cost function for this bookstore?
O A. C = 90n + 15
O B. C = 12n + 90
O C. C = 18n + 90
O D. C = 90n + 12
Answers
Answer:
The correct answer is B just got it right on ape
Explanation:
Which examples demonstrate common Production work environments? Check all that apply.
Craig is a self-employed Jeweler who works in his own shop.
Rashida works in a factory making parts for machinery.
Antonio works in a quiet office filing paperwork.
Mei spends most of her time on the telephone.
Norm stands for long periods while welding in a workshop.
Carolyn performs tests on materials in a laboratory.
((answer: A, B, E))
Answers
Answer:
The answer is A,B,E
Explanation:
Jus took the test and got a 100
The examples that demonstrate common production work environment are:
Craig is a self-employed jeweler who works in his own shop. works in a factory making parts for machinery.Norm stands for long periods while welding in a workshopWhat is Production work environment?Production work environment is a workplace environment where employees conduct their work. It is where one work, including the workspace and common work areas shared with others.
The above means that production work environment is where people carry out assembling work, production work, etc.
Hence, the examples that demonstrate common production work environment are:
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south korea was considered an impoverished country in 1960. yet in 2017, it was the world's fifth largest economy. this demonstrates how international businesses must consider future potential as well as the
Answers
International businesses must consider the present/current wealth of customers as well as the likely future wealth of the consumers.
International business refers to the trading of goods, services, technology, capital and/or knowledge across borders on a global or cross-border scale. These are cross-border transactions of goods and services between two or more countries.
Trading in economic resources involves capital, skills and people for the purpose of producing physical goods and services such as finance, banking, insurance and construction internationally. International business is also called globalization.
In order for a multinational company to do business abroad, it has to consolidate its separate domestic markets into his one global market. There are two macroscopic factors that underscore the trend towards increasing globalization.
The first is to remove barriers to facilitate cross-border trade. The second is technological change, especially in communications, information processing, and transportation technology.
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Read the stage direction: As the first of the mob reaches the bottom steps. The screen door opens and Goodman comes out, a man in his early forties who first greets them smiling and then letting the smile fade as he sees the faces. Based on the stage direction, what should the reader visualize? *
a group of people calmly approaching Goodman’s home
a group of confused people rushing to safety at Goodman’s home
a group of angry people approaching Goodman’s home
a group of people rushing to save Goodman from the outage
Answers
Answer:
C.
Explanation:
A group of angry people. L(-_-)\
\
Answer:c lol angry people
Explanation:
outline 4 reasons why most developing countries rely on extractive levels of production
Answers
Explanation:
The World Bank helps developing countries manage their natural resource wealth responsibly and sustainably, in a way that contributes to sustainable growth and development, protects communities and reduces carbon emissions.
According to the video, which activities are Executive Secretaries and Administrative Assistants likely to do? Check all that apply. Supervise office staff, prepare presentations, conduct research, create a budget, file paperwork, greet visitors
Answers
Answer: supervise office staff
Prepare presentations
Conduct research
Explanation:
Answer:
Answer: supervise office staff
Prepare presentations
Conduct research
Explanation:
Formulate and answer a True/False question for each of the following topics:
a. Integer Optimization – Binary Constraint Types
b. Integer Optimization – Fixed Charge Model and Excel Solving
c. Project Scheduling – Impact of shortening an activity
d. Project Scheduling – Impact of delaying an activity
Answers
a. In Integer Optimization, binary constraint types restrict variables to only take on values of 0 or 1. True.
b. The Fixed Charge Model is a type of Integer Optimization problem and can be solved in Excel using the Solver add-in.
True.
c. False. Shortening an activity in a project schedule may not always result in a reduction of the project duration if the shortened activity is not on the critical path.
d. True. Delaying an activity in a project schedule will always result in an increase in the project duration, as it will push back the start and end dates of subsequent activities.
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Why is the housing market not a perfectly competitive market
Answers
Answer:
houses are essential. a need doesn't fall in perfect competition conditions.
You are planning a trip to Las Vegas and need to rent a car. After contacting the different car companies, you choose to go with the company that charges a $25 rental fee and $0.05 per mile that the car is driven. i. Deteine if the change in the number of miles driven is proportional to the change in the total cost of the rental car. Explain your reasoning. ii. Deteine if the number of miles driven is proportional the total cost of the rental car. Explain your reasoning. c. When baking chocolate chip cookies, you need 3 cups of flour per cup of sugar. i. Deteine if the change in the number cups of flour is proportional to the change in the number of cups of sugar. Explain your reasoning. ii. Deteine if the number of cups of flour is proportional to the number of cups of sugar. Explain your reasoning.
Answers
The change in the number of miles driven is not proportional to the change in the total cost of the rental car. This is because the cost per mile driven is constant at $0.05, regardless of the total number of miles driven.
The number of miles driven is directly proportional to the total cost of the rental car. This is because the cost per mile driven remains constant at $0.05. As the number of miles driven increases, the total cost of the rental car will increase proportionally. For example, driving twice the number of miles will result in twice the total cost. The change in the number of cups of flour is not proportional to the change in the number of cups of sugar. This is because the ratio of 3 cups of flour per cup of sugar remains constant regardless of the quantity. Therefore, a change in the number of cups of sugar will not result in a proportional change in the number of cups of flour. The number of cups of flour is directly proportional to the number of cups of sugar. This is because for every cup of sugar, there is a fixed ratio of 3 cups of flour.
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4.
MATH You plan to start a corporation. You have $67,500 in sav-
ings, but need $165,000 total to begin your business. How much
money will you need from investors? What will be your percent-
age of ownership? If you have four outside investors, how much
will each investor need to invest? What percentage will each
investor own?
Answers
Answer:
1. $97,500
2. 40.9%
3. $24,375
4. 14.77%
Explanation:
Given the following data;
Amount of money owned (Savings account) = $67,500
Total amount required = $165,000
To find the amount needed from investors to start the business;
Let the balance = X
\( Total = Savings + X\)
Substituting into the equation, we have;
\( 165,000 = 67,500 + X\)
\( X = 165,000 - 67500\)
X = $97,500
To find the percentage of ownership;
Percent ownership = savings/total * 100
Substituting the values into the equation;
\( Percent \; ownership = \frac {67500}{165000} * 100\)
\( Percent \; ownership = 0.409 * 100\)
Percent ownership = 40.9%
To find the amount to be invested by each of the four investors;
Investor = X/4
Substituting into the equation, we have
Investor = 97500/4
Investor = $24,375
Therefore, each of the investors will need to invest $24,375.
Percentage for each investor;
\( Percent = \frac {24375}{165000} * 100\)
Percent = 14.77%
Answer:
1. $97,500
2. 40.9%
3. $24,375
4. 14.77%
Explanation:
Given the following data;
Amount of money owned (Savings account) = $67,500
Total amount required = $165,000
To find the amount needed from investors to start the business;
Let the balance = X
Substituting into the equation, we have;
X = $97,500
To find the percentage of ownership;
Percent ownership = savings/total * 100
Substituting the values into the equation;
Percent ownership = 40.9%
To find the amount to be invested by each of the four investors;
Investor = X/4
Substituting into the equation, we have
Investor = 97500/4
Investor = $24,375
Therefore, each of the investors will need to invest $24,375.
Percentage for each investor;
Percent = 14.77%
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cash dividends paid on common stock would be reported on the statement of cash flows in a.the financing activities section b.a separate schedule c.the investing activities section d.the operating activities section
Answers
the money flowing out of the financing activities segment. Cash inflow from financing activity is the category in which the cash sum raised from stockholders for asset investments falls under.
What kind of cash flow results in dividend payments in cash?supporting endeavors
Finance-related activities include dividend payments. The constant classification of interest and dividends as operating, investing, or financing cash operations applies to both the received and paid amounts. A financial institution will often classify interest paid, interest and dividends received, and both as operating cash flows.
What line(s) of the cash flow statement contain the dividends paid and received?Dividends, interest, and dividend payments all fall under operating cash flows. On the cash flow statement, dividend payments are detailed under financing.
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What term BEST describes the measure of how many customers remain loyal to a company as opposed to taking their business to a company's competitors?
O A.
O B.
O c.
○ D.
customer retention
prospecting
BANT
collaborative selling
Answers
Answer: d The Customer Loyalty Index (CLI)
Explanation:
why it is because the customer churn rate to the business in the company also like
affinity, attachment and trust.
An investor bought 10 XYZ May 50 puts a few weeks ago. The options expire May 21st. It is April 10th, and she wants to exercise them now. However, she must wait until May 20th. The most likely reason for this is the
(A) option's exercise style is American.
(B) the broker-dealer has placed a temporary hold on the account.
(C) investor has exceeded the options position limits.
(D) option's exercise style is European
Answers
Answer:
D
Explanation:
5. The price of a laptop computer dropped from $1,800 to $1,200. What was the percent of
decrease?
a. 30%
b. 1/3
c. 33.33%
d. 333
Answers
Answer:
c. 33.33%
Explanation:
The original price was $1,800
The price dropped to $1,200
the drop in price was $1,800 - $1200 = $600
The percentage drop will be $600/$1800 x 100
=0.33333 x 100
=33.33%
All employers in the U.S. Pay "payroll taxes" on behalf of employees. The Medicare portion of this is 1.45% of pay. If an employee makes $480 in a week, how much does the employer contribute for Medicare?
Answers
Answer: $6.96
Explanation:
Weekly earning = $480
Medicare tax rate = 1.45%
1.45% = (1.45/100) = 0.0145
Medicare contribution = Medicare tax rate × weekly earning
Medicare contribution = 0.0145 × $480 Medicare contribution = $6.96
The employees weekly contribution that is apportioned for Medicare is $6.96
Answer:
$7.10 USD
Explanation:
If the Employer is paying 1.48% of the employees paycheck to Medicare on their behalf then in order to calculate the actual amount we must first change the percentage into a decimal by dividing it by 100.
1.48 / 100 = 0.0148
Now that we have the percentage as a decimal we multiply it by the amount that the employee made that week, which in this case is $480
480 * 0.0148 = 7.104
Therefore we can see that $7.10 USD goes to medicate this week.
1. what you have noticed on the posted materials in
What manner did the advertisers promote their producter?
Answers
Answer:
Explanation:
Advertising is the lure that draws new customers to your business or product. Small businesses utilize several options to advertise a product or service. ... that receive heavy traffic is one way to get the word out about your business. ... venue with a stamp that bears your company logo; the attendees will then have your logo ...
Match the textbook definition on the left to the correct term on the right The concept requiring the entity to give the same treatment to comparable transactions from period to period. __________
Practices leading to accounting reports that do not conform to the general theory that underlies accounting. __________
The unit used to measure financial transactions. __________
An agency of the federal government that has the legal power to set and enforce accounting practices. ___________
Accounting principles that have substantial authoritative support. __________
Choose
1. Industry practices
2. Generally accepted accounting principle (GAAP)
3. Securities and Exchange Commission (SEC)
4. The consistency assumption
5. The monetary unit assumption
Answers
1. The concept requires the entity to give the same treatment to comparable transactions from period to period. The consistency assumption. 2. Practices leading to accounting reports that do not conform to the general theory that underlies accounting. Industry practices. 3. The unit is used to measure financial transactions. The monetary unit assumption. 4. An agency of the federal government that has the legal power to set and enforce accounting practices. Securities and Exchange Commission (SEC). 5. Accounting principles that have substantial authoritative support. Generally accepted accounting principle (GAAP).
The following are the textbook definition matched with the correct term on the right:
1. The consistency assumption: The concept requiring the entity to give the same treatment to comparable transactions from period to period.
2. Industry practices: Practices leading to accounting reports that do not conform to the general theory that underlies accounting.
3. The monetary unit assumption: The unit used to measure financial transactions.
4. Securities and Exchange Commission (SEC): An agency of the federal government that has the legal power to set and enforce accounting practices.
5. Generally accepted accounting principle (GAAP): Accounting principles that have substantial authoritative support.
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