Define extra expense - Study guides, Class notes & Summaries

CAIB 2 - Chapter 7 Questions and Answers 100% Correct 4 sources of business interruption & provide an example of each - Answer- 1) physical damage to business; fire destroys business 2) failure of public utilities; ice storm damages power lines 3) transportation related accidents; rail car derailment 4) physical damage to neighbouring premises; anchor store burns down 3 sources of funding available to businesses when their operations are interrupted - Answer- 1) reduce their capital reser...

Loma 307 questions and answers already passed quantitative easing federal reserve buying securities to stimulate the economy. Usually considered when short-term interest rates are at or near zero. Increases the money supply. Lowers the interest rates. Positively effects employment and economic growth but can result in inflation if increases too quickly. Grouped frequency distribution A table that displays the number of times observed group data fall within specified classes. histograms / bar g...

Solution manual for Canadian Income Taxation 20222023 25th Edition by William Buckwold, Joan Kitunen, Matthew Roman CHAPTER 1 TAXATION― ITS ROLE IN BUSINESS DECISION MAKING Review Questions 1. If income tax is imposed after profits have been determined, why is taxation relevant to business decision making? 2. Most business decisions involve the evaluation of alternative courses of action. For example, a marketing manager may be responsible for choosing a strategy for establishing ...

Xcel Final Exam Questions and Answers With complete Solutions Latest 2024 (Graded A+) The focus of major medical insurance is providing coverage for Ans medical and hospitalization expenses An insured under a Major Medical expense plan with a zero deductible and 80/20 coinsurance provision files a $1,000 claim. How much of this claim is the insured responsible for? Ans $200 because this policy has a zero deductible, the insures is only responsible for the 20% coinsurance on this claim, or ...

CIC Commercial Property Exam Prep Endorsements used to modify coverage extensions (6) - ANSWER 1. newly acquired or constructed property - increased limit 2. higher limits 3. specified bpp temporarily away from premises 4. additional covered property 5. radio or television antennas 6. trees, shrubs, plants Explain replacement cost - ANSWER - without deduction for depreciation - claims are paid on acv until repairs or replacements is complete and then difference is paid - doe...

Chapter 1: Property vs Casualty: What is considered property? - Answer Structure & Personal Property Property vs Casualty: What is considered casualty? - Answer Non-property losses. Legal liability to others. 3rd Party. Casualty insurance means that the policy includes liability (accountability or responsibility) coverages to help protect you if you're found legally responsible for an accident that causes injuries to another person or damage another persons belongings. Property and casual...

Solution manual for Canadian Income Taxation 20222023 25th Edition by William Buckwold, Joan Kitunen, Matthew Roman CHAPTER 1 TAXATION― ITS ROLE IN BUSINESS DECISION MAKING Review Questions 1. If income tax is imposed after profits have been determined, why is taxation relevant to business decision making? 2. Most business decisions involve the evaluation of alternative courses of action. For example, a marketing manager may be responsible for choosing a strategy for establishing ...

QuickBooks Certification Exam Practice 111 Questions with Verified Answers Which of the following should you do at the end of an accounting period? - CORRECT ANSWER all of the above: - reconcile cash, credit card, and loan accounts against period-end statements - run reports for the period and verify their accuracy - enter depreciation entries which of the following is true? - CORRECT ANSWER the total credits must match the total debits in each general journal entry when might you ne...

CIC COMMERCIAL PROPERTY EXAM PREP QUESTIONS AND ANSWERS Business Income Coinsurance formula - Answer-Amount required = (Net Income + Operating expense) x Coinsurance Amount carried = Limit of insurance Carried/ Required = Recovery *This is opposite of property coinsurance did/ should. For BI it is should/did Determine how losses are settled under Agreed value - Answer-1) No coinsurance 2) Requires Business Income Reporting worksheets every 12 months Six Additional Coverages - ...

WGU C838 - Managing Cloud Security Specialist 4 Version of Exam (3 Actual Exam and 1 Study Guide). You are the security subject matter expert (SME) for an organization considering a transition from the legacy environment into a hosted cloud provider 's data center. One of the challenges you 're facing is whether the cloud provider will be able to comply with the existing legislative and contractual frameworks your organization is required to follow. This is a _________ issue. a. Resilien...