The term for insurance wich an agent negotiates own life insurance
Answers
The term for insurance which an agent negotiates for their own life insurance is called "Agent-Owned Life Insurance" (AOLI).
This type of insurance is typically purchased by insurance agents, brokers, and financial advisors for their own benefit. AOLI policies are designed to provide a death benefit to the policyholder's beneficiaries upon their death.
The key feature of AOLI is that the agent purchases the policy for themselves and is the policy owner, which means they have control over the policy and its terms. This allows agents to customize the policy to their individual needs and preferences, such as the amount of coverage, premium payments, and policy riders.
AOLI policies are also a valuable asset to agents because they can generate cash value over time. Agents can borrow against the cash value or surrender the policy for its cash value. AOLI policies are subject to unique tax rules and should be carefully structured to avoid adverse tax consequences.
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Related Questions
Am I beautiful please give a honest reply.
Answers
Answer:
ive never met you but your always pretty on th einside :3
Explanation:
yes you are queen dwell on the beauty of life. Watch the stars, and see yourself running with them.
Tamar Co. manufactures a single product in one department. All direct materials are added at the beginning of the manufacturing process. Conversion costs are added evenly throughout the process. During May, the company completed and transferred 23,500 units of product to finished goods inventory. Its 5,400 units of beginning work in process consisted of $17,300 of direct materials and $329,940 of conversion costs. It has 3,600 units (100% complete with respect to direct materials and 80% complete with respect to conversion) in process at month-end. During the month, $497,600 of direct material costs and $2,519,100 of conversion costs were charged to production.
Prepare the journal entry dated May 31 to transfer the cost of completed units to finished goods inventory. (Do not round intermediate calculations. Round your final answers to the nearest whole dollar.)
Answers
Answer:
May 31, 202x, 23,500 units completed and transferred out
Dr Finished goods inventory 2,984,500
Cr Work in process 2,984,500
Explanation:
beginning WIP 5,400 units
materials $17,300
conversion $329,940
ending WIP 3,600 units
materials 100% complete
conversion 80% complete (2,880 EU)
units completed and transferred out 23,500
units started and completed 18,100
costs added during the period
materials $497,600
conversion $2,519,100
total costs
materials $514,900
conversion $2,849,040
total EU
materials 18,100 + 5,400 + 3,600 = 27,100
conversion 18,100 + 5,400 + 2,880 = 26,380
cost per EU
materials $514,900 / 27,100 = $19
conversion $2,849,040 / 26,380 = $108
total = $127
costs assigned to finished units = $127 x 23,500 = $2,984,500
a treasury strips is quoted at 67.181 and has 7 years until maturity. what is the yield to maturity?
Answers
The YTM for the treasury strips is 19.839%
YTM = { [ (100 / 67.181) ^1(2 *7)] -1}
YTM = { [ (1.4885) ^1(14)] -1}
YTM = 20.839-1
YTM = 19.839%
What is Yield to maturity?
The yield to maturity (YTM), book yield, or redemption yield of a bond or other fixed-interest security, such as treasury bonds, is an estimation of the total rate of return expected to be earned by an investor who purchases a bond at a specific market price, holds it until maturity, and gets all interest payments and the capital redemption on time. The discount rate at which the present value of all future cash flows from the bond (coupons and principal) equals the bond's current price is known as the internal rate of return (IRR, total interest rate).
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Prompt
What is the difference between liquid and illiquid assets?
Answers
Answer:
Liquid assets may be cash or property that can readily be converted to cash without a substantial loss in value. While on the other hand, Illiquid or fixed assets are possessions of value that are held long-term such as a home, land or equipment.
Hope this helps
Answer:
Liquid assets may be cash or property that can readily be converted to cash without a substantial loss in value. ... Illiquid or fixed assets are possessions of value that are held long-term, such as a home, land, or equipment
Explanation:
I think it will help But if im wrong Its ok:)
In one or two sentences, explain why people will do less of an activity when the marginal costs are greater than the
marginal benefits.
Answers
Answer:
Marginal cost is defined as the additional cost incurred in adding a unit of product or service.
Marginal benefit is defined as the additional satisfaction or utility that the individual receives from consuming the added unit of product or service.
In every endeavor, we weigh the benefit and cost of a certain product, course of action or service. We aim to get the most out of every product or decision. We are driven to reach maximum profit at a minimum cost. Thus, when the marginal cost is greater than the marginal benefit, people will do less of an activity because it is not profitable.
Explanation:
A financial institution that accepts deposits makes loans and provides other services as a nonprofit organization is called a:
A. Credit Union
B. Retail Bank
C. Title Pawn Lender
D. Payday Lender
Answers
Credit Unions are nonprofit financial institutions that accept deposits, provide loans, and offer other services. As a result, choice (A) is right.
What is meant by a nonprofit organization?A nonprofit organization (NPO) or non-profit organization is a legal entity organized and operated for a collective, public, or social benefit, as opposed to an entity that operates as a business with the goal of making a profit for its owners. It is also referred to as a non-business entity,[1] or nonprofit institution,
The non-distribution constraint applies to nonprofit organizations, which means that any surplus funds must be used to further their mission rather than being distributed to other parties.
A wide range of organizations, including certain political organizations, schools, business organisations, churches, social clubs, and consumer cooperatives, are nonprofit. Governments may grant tax-exempt status to nonprofit organizations, and some may be eligible for tax-deductible donations. However, an organization can establish as a nonprofit organization without obtaining tax-exempt status.
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How is aggregate demand by different factors and determinants?
Answers
Answer:
Aggregate demand is calculated as the sum of consumer spending, investment spending, government spending, and the difference between exports and imports. Whenever one of these factors changes and when aggregate supply remains constant, then there is a shift in aggregate demand.
what effect might use of outdated or incorrect information have on a business?
Answers
Answer:
it could misslead or make there buisness fail
Explanation:
what are the services that are rendered to the wholesalers by the retailers?
Answers
9. Connecting Link 10. Transportation 11. Provides Market Information 12. Price Stability 13. Risk Bearing 14. Marketing Functions 15. Promotion of Goods 16. Demand Analysis and Forecasting 17. Help in Sales Organization
The HR recruiting specialist and line managers at Clearwater Electronics work closely together when hiring new employees . The line managers are ultimately responsible for the final selection of a new employee , but the HR recruiting specialist serves an important role by providing information about potential employees and arranging for interviews . Why is this service helpful to the line managers ? The recruiting specialist can help the line managers from rushing the hire because there is an immediate need to fill positions The recruiting specialist can help the line managers from expecting too much too soon from new employees . The recruiting specialist can help the line managers from interviewing applicants who are not qualified for the positions . The recruiting specialist can help the line managers from relying too much on the interview , a common recruiting pitfall .
Answers
Answer: The recruiting specialist can help the line managers from interviewing applicants who are not qualified for the positions .
Explanation:
Since the line managers are responsible for the final selection of a new employee while the HR recruiting specialist gives information about potential employees and arranging for interviews, then the recruiting specialist can help the line managers from interviewing applicants who are not qualified for the positions.
By getting information from the potential employees, the recruiting specialist can know the people who are qualified for the job and possess the necessary requirements for the job and those who aren't qualified.
Following are some of the questions that the senior sales manager asked the job candidate. Indicate whether each question is legal or not legal. Interview Question Legal Not Legal
- What groups or organizations do you belong to outside of work? - This job requires that you be able to lift 50-pound boxes of books on a regular basis throughout the day. Would you be able to do that?
- I see from your résumé that you like snowboarding. What other hobbies do you have?
- If you knew a coworker submitted phony expense reports to avoid losing her home, would you tell your boss? Why or why not?
- Did you graduate from college?
- What religion, if any, do you practice?
- If hired, can you provide proof of your legal right to work in the United States? - Are you a citizen of a country outside of the United States? If so, which one?
Answers
What groups or organisations do you belong to outside of work? is an illegal inquiry. Would you inform your supervisor if you knew a coworker submitted false expenditure reports to keep her house?
What constitutes a prohibited interview query?Any interview questions that have no direct connection to your open opportunities are prohibited by employment law. This indicates that it is unlawful to ask questions during an interview about subjects including age, family, gender, marriage, nationality, and religion.
When a question during an interview is forbidden?You always have the choice to end the interview or refuse to answer a question if it is asked an illegal interview question or if the interview questions start to follow an illegal pattern.
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The Davis family purchased a house last year. They put $20,000 towards a down payment and took out a $265,000 mortgage. Because it was a new home, all the repairs and maintenance were covered under the builder’s warranty, but the Davises want to budget this coming year for unexpected expenses. When estimating costs for home repair and maintenance, a good estimate is to budget 1% of the purchase price of a house. What would be a good yearly estimate of repairs and maintenance for the Davis family’s home? a. $28,500 b. $2,650 c. $2,850 d. $200.
Answers
Budgeting is the earning of the estimated income and its expenditure on various bills and daily utilities. For maintaining a balance of income, budgeting is done so that expenses do not exceed the income.
$2,850 is a good yearly estimate of repairs and maintenance for the Davis family’s home.
How to estimate repair and maintenance?Given,
Down Payment = $20,000Mortgage = $265,000Purchase price of the house = $285,0001% of the purchase price is budgeted for repair and maintenance (X) and will be estimated as:
\(\begin{aligned} 1\% &= \dfrac{\rm X}{\$285000} \times 100\\ \\ \rm X &= \dfrac{1\% \times \$285000}{100\%}\\ \\ \rm X &= \$ 2850\end{aligned}\)
Therefore, option c. $2850 is the repair and maintenance cost.
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Students usually attend a vocational school for _____ years or less.
A.1 B.2 C.3 D.4
Answers
Answer:
2
Explanation:
Answer:
four
Explanation:
if u think bout it its four years and makes more sence and mroe realistic
to ________, lance, an hr manager, shares his company’s job openings on social media and online job postings.
Answers
Organization does recruitment periodically so as to bring individual with fresh brains and of ideals into the organization. To recruit from outside the organization lance, an HR manager, shares his company’s job openings on social media and online job postings.
A recruit in any organization are often regarded as a fresh or additional newcomer to a specific field. They are the newly enlisted or drafted member of a team.
Organization does recruit people to join them.
Conclusively, by posting their vacancies and openings, organization are able to reach recruit from outside their organization to known about the opening and then apply for it.
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an accounting time period that is one year in length, but does not begin on january 1, is referred to as:
Answers
Correct Answer:
A fiscal
An activity-based costing system ______. requires substantial resources provides benefits of improved accuracy that always outweigh the costs produces different numbers than a traditional system is costly to maintain
Answers
Answer:
1. Requires substantial resources.
2. produces different numbers than a traditional system.
3. Is costly to maintain.
Explanation:
Activity-based costing (ABC) system is a method of accounting assigns the total cost of activities such as manufacturing overhead costs and indirect costs necessary to produce a product or provide a service.
Basically, an activity-based costing (ABC) system is focused on the cost drivers associated with the respective activities, which are responsible for cost to be incurred. The cost drivers are activities such as direct labor, purchase order, machine use etc.
Hence, an activity-based costing system requires substantial resources, produces different numbers than a traditional system and is costly to maintain.
An activity-based costing system Requires substantial resources, produces different numbers than a traditional system, and Is costly to maintain. Thus options A, C, and D are correct.
The ABC system (activity-based costing) is an accounting technique that determines the entire cost of activities like manufacturing overhead expenses and indirect costs required to create a good or deliver a service.
An activity-based costing (ABC) system basically focuses on the cost drivers connected to the corresponding actions that cause costs to be incurred. Activities including direct labor, purchase orders, equipment utilization, etc., are the cost drivers.
As a result, an activity-based costing system is expensive to run, takes significant resources, and generates data that differs from that of a typical system.
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Your question seems to be incomplete, but most probably the complete question was:
An activity-based costing system ______.
A. requires substantial resources provides
B. benefits of improved accuracy that always outweigh the costs
C. produces different numbers than a traditional system
D. is costly to maintain
A 7 / 1 arm has a start rate of 4%, an initial cap of 3%, and a periodic cap of 1%. the lifetime cap is 8%. the margin is set at 4%, and the current index value has risen in the last month to 9.25%. the loan closed four years ago. what is the current rate?
Answers
The current rate is 4%. During the fixed-rate period, the new rate cannot exceed two (or five) percentage points above the initial rate at the first rate change.
What is an ARM's margin?
The difference between an ARM's interest rate and index value is called the margin.
What is the ARM's underlying interest rate?
The interest rate on an adjustable-rate mortgage (ARM) is linked to an economic index. The loan has a fixed interest rate at the beginning, but as the index changes, the rate can go up or down over the course of the loan.
How does a 7-1 ARM function?
A mortgage known as a "7/1 ARM" initially has a fixed interest rate before switching to an adjustable or variable one. The initial fixed period of seven years is denoted by the number 7 in 7/1. After that, the index specified in the loan agreement and a margin set by the lender determine how often the interest rate changes each year.
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What is the present value of $1,300 to be received in four years if the interest rate is 8%? The present value is $ (Round your response to the nearest cent)
Answers
The present value of $1,300 to be received in four years at an interest rate of 8% is $942.70 (rounded to the nearest cent).
To find the present value of $1,300 to be received in four years at an interest rate of 8%, we can use the formula for present value of a future lump sum:
PV = FV / (1 + r)^n
Where PV is the present value, FV is the future value, r is the annual interest rate, and n is the number of years.
Plugging in the values we get:
PV = 1300 / (1 + 0.08)^4
PV = 942.70
Therefore, the present value of $1,300 to be received in four years at an interest rate of 8% is $942.70 (rounded to the nearest cent).
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A number calculated by an independent party which represents what he current market rate as calculated using various factors is called a
Answers
A number calculated by an independent party which represents the current market rate as calculated using various factors is called an Index.
What is an Index?
Index is an entity that helps to compare the returns yielded during any investments. This tool is used by financial managers and investors of the market to describe the market face.
It is also essentially a roadmap to the book, listing names, places, and things in alphabetical order and giving the page numbers associated with each topic.
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Answer:
index
Explanation:
I jus did it.
Which of the factors of industrialization does Baines cite in the reading? Check all that apply water power to run machines rivers for transportation of goods a growing population to work in factories natural resources for production natural resources for production wealthy people to invest in manufacturing
Answers
Answer: • Water power to run machines
• rivers for transportation of goods
• natural resources for production
Explanation:
Industrialization is when am economy moves from the agricultural sector to the industrial sector.
The factors of industrialization does Baines cite in the reading include:
• Water power to run machines
• rivers for transportation of goods
• natural resources for production
The factors affecting industrialization are water power to run machines, rivers for transportation of goods, and natural resources for production.
The industrialization process promotes the expansion of industries, businesses, and corporations in the economy. Here, water energies are utilized by industries for facilitating production activities, operating machinery, and cleaning purposes.
Similarly, rivers are also a major transportation mode for the transition of goods and raw materials that gives a boost to the production facilities of the business.
Finally, natural resources are the basis for raw materials for the industries depending on which further production processes are performed.
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According to the video, what tasks do Librarians perform? Check all that apply.
A. supervising staff
B. writing stories
C. coordinating storytelling sessions
D. speaking at public events
E. dealing with angry customers
F. classifying materials
Answers
Answer: C and F
Explanation:
Answer:
Its I believe a,c, and f
Explanation:
your welcome
given a program with a dynamic instruction count of 1.0e6 instructions divided into classes as follows: 10lass a, 20lass b, 50lass c, and 20lass d, which implementation is faster?
Answers
The breakdown of instruction classes indicates that the program is optimized to execute the most important or time-consuming tasks first, as Class C has the highest instruction count. This optimization ensures that the program finishes its most important tasks first, thus decreasing overall execution time. As such, this implementation would be the fastest.
Between the two implementations, the one with the higher dynamic instruction count would be faster. In this case, the fastest implementation would be the one with a dynamic instruction count of 1.0e6 instructions divided into classes as follows: 10lass a, 20lass b, 50lass c, and 20lass d.
The higher instruction count indicates that the program is running more instructions per second, which is a measure of how quickly the program can execute its tasks.
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Several factors cause the curve to move on a production possibilities graph. Which of the following can cause the curve to move? Select all that apply.
Labor
Predictions
Quality of land
Capitol
Answers
The production possibilities curve (PPC) is a visual representation of the maximum possible output of two goods or services that can be produced with the given resources and technology. Labor, predictions, quality of land, and capital are all factors that can cause the PPC to shift outward or inward. These shifts indicate changes in an economy's productivity and potential output.
Firstly, labor can cause the PPC to move. An increase in the quantity and/or quality of labor available to produce goods and services can shift the curve outward. This is because a greater number of workers can produce more output with the same amount of resources and technology.
Secondly, predictions can cause the PPC to move. Changes in consumer demand or expectations of future demand can shift the curve outward or inward. If there is an increase in demand for a particular good or service, producers may invest in new technology or increase the number of workers to produce more output and shift the PPC outward. Conversely, if demand falls, the curve may shift inward as producers reduce output.
Thirdly, the quality of land can cause the PPC to move. The availability and quality of natural resources such as arable land, minerals, and water can impact the productivity of an economy. If there is a decrease in the availability or quality of these resources, the curve may shift inward.
Finally, capital can cause the PPC to move. An increase in the quantity and/or quality of capital available to produce goods and services can shift the curve outward. This is because more capital can be used to improve technology, enhance worker productivity, and increase output. The correct answer is all of the above.
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What is a new way of doing things that initially does not meet the needs of existing customers? multiple choice question. digital darwinism sustaining technology disruptive technology
Answers
Disrupted technology is a new way of doing things that initially does not meet the needs of existing customers? multiple choice question. digital darwinism sustaining technology disruptive technology
What is Disrupted technology?Innovations known as disruptive technologies fundamentally change how markets, industries, or businesses function. Because it has characteristics that are unmistakably superior to the systems or practices it replaces, disruptive technologies sweep aside their predecessors.
Examples of recent disruptive technologies include GPS devices, ride-sharing apps, online news sources, and e-commerce.
The vehicle, electricity, and television were revolutionary inventions in their own eras.
A disruptive technology replaces an outdated procedure, item, or practice.
At least to early adopters, it typically offers better qualities that are readily apparent.
Disruptive technologies are typically produced by startups rather than well-established businesses.
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which of the following behavior patterns may be a characteristic of minors
Answers
Answer:
Self conscious about appearance
Explanation:
A minor is a usually adopted as term used to make distinction between an adult who can take up legal responsibilities and a child who legally below the specified age of the majority or adulthood. Distinction between minors and adulthood is usually based on the age of the individual. Person below the age of 18 in most countries are considered as minor. They possess certain characteristics which may include excessive consciousness about looks and trying to avoid eyes contact as much as possible.
Suppose the skills needed to perform the work in the two industries are identical, and the supply of labor to the two industries is fixed at 6,000 workers per day. What will be the equilibrium wage, and how many workers will work in each industry?
Answers
Answer and Explanation:
The computation of the equilibrium wages and the number of workers in each industry is as follows:
Since the supply of labor is 6,000
As per the attached graph, the common rate is $8 per hour so if we take 2000 workers in industry A and 4000 workers in industry b
So, the equilibrium wage would be $8
Hence, the same would be considered and relevant too
Discuss new ideas of what you think an employer would be looking for in your portfolio. why do you think it would be important to include this page in your portfolio?
Answers
An employer would want the candidate to have all the basic skills and knowledge like a degree, communication skills, work experience, leadership qualities, etc.
Here are some things which an employer would be looking for apart from all traditional things. Initiatives (Self or company): A candidate who has proven quite a few work initiatives in his profile/ resume will in reality stick out from the group. The initiative may be corporate like the candidate used fine development techniques and taken a large trade within the business enterprise’s productivity in his/her summertime internship.
Leadership positions held: A resume that states approximately all the management positions held by way of the candidate in beyond will constantly be taken up first. The groups want to rent folks that are leaders via trait and lead the change in today’s scenario.
Recommendation letters: the advice letter of a previous enterprise or summer season internship may be a lift to absolutely everyone’s portfolio because it facilitates the recruiter to understand the first-rate work related to the candidate. This section of the expert resume can stand a candidate out from the group.
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2x +3=X -1 PLEASE ANSWER PLEASE
Answers
Answer:
-4
Explanation:
2x+3=x-1
=>2x-x=-1-3
=>x=-4
Answer:
x = -4
Explanation:
2x+3 = x-1
-x -x subtract x from both sides to cancel out the positive x
x+3 = -1
-3 -3 subtract 3 from both sides to cancel out the positive 3
x = -4 this is the simplified equation
:) ur welcome
a company is receiving an unusually high number of returns from various customers. the first step in investigating the problem would be to:
Answers
A company is receiving an unusually high number of returns from various customers. the first step in investigating the problem would be to classify the returns by type and degree of seriousness.
Gathering data and doing a preliminary analysis to comprehend the magnitude and nature of the problem would normally be the first step in examining the unusually high number of returns from diverse consumers.
Obtain information on the returns, such as the quantity, the items involved, the clientele, the justifications, and any patterns or trends that may have emerged.
This data may be used to find patterns or particular problems that might be causing the high return rate.
Therefore, the first step is to classify the returns by type and degree of seriousness.
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The listing broker may be due a commission, even when no sale occurred, if the:
a) potential buyers is unable to obtain financing
b) seller decides he no longer wants to sell
c) seller refused buyers reasonable offers
d) broker located a buyer who made an offer that met
all of the sellers terms
Answers
If the listing broker found a buyer who made an offer that fulfilled the seller's terms, the broker might still be entitled to a commission even if no sale took place. Here option D is the correct answer.
The listing broker is typically paid a commission on the sale of a property. However, there are situations in which a commission may be due even if no sale occurs. One such situation is when the broker located a buyer who made an offer that met all of the seller's terms.
In this case, the broker has fulfilled their obligation to the seller by finding a suitable buyer who is willing to meet the seller's terms. The fact that the sale ultimately did not occur may be due to circumstances beyond the broker's control, such as the buyer being unable to obtain financing or the seller refusing reasonable offers. Nonetheless, the broker has performed their duties under the terms of the listing agreement, and as such, they may be entitled to a commission.
It's important to note that the specific terms of the listing agreement will dictate whether or not a commission is due in these types of situations. Sellers should carefully review their listing agreements to understand when a commission may be due, even in the absence of a sale.
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