Recognition of revenue from sale of finished goods is an asset source transaction.
Why is a job order cost sheet important?A job cost sheet is a document that lists all the expenses incurred to finish a project. Both during the project and after it is over, these costs can be recorded. The accounting division creates this record to confirm that expenditures were within the budgeted amount. future job costs are estimated. To ascertain whether a job is lucrative, job order pricing is helpful. The worth of the supplies, labor, and overhead that will be used to complete that particular work can then be estimated by the company.
Job cost sheet provides information for the journal entry to transfer costs from the Work in Process Inventory account to the Finished Goods Inventory account
Factory insurance is an indirect product cost and part of overhead is true.
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In addition to correcting substandard work, employees have an ethical obligation to __________ whatever led to the quality problem as well.A. preventB. offsetC. reportD. standardizeE. redesign
Employees have an ethical obligation to report, in a timely manner, quality problems.
What are an employee's responsibilities to his or her company?The employee's main duty is to perform their task diligently and conscientiously and to follow orders from superiors, unless they are illegal or in breach of the employment contract.
What obligations do you have as an employee?The most significant obligations you have as an employee are to take reasonable precautions for your health and safety. Avoid wearing jewelry or loose clothing when handling machinery, if at all feasible. Make sure your hair is tucked away if it's long or if you're wearing a headscarf because it could get trapped on equipment.
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In a closed economy, national savings will be:
a. lower than private savings if the government runs a deficit.
b. higher than private savings if the government runs a deficit.
c. lower than private savings if the government runs a surplus.
d. None of these is true.
National savings in a closed economy is the total of private and public savings. Private, public, and net capital inflows are added to determine national saving in an open economy.
Are investments made in a closed economy equal to national savings?Particularly, for a closed economy, national saving and investment must be equal. The system by which the economy matches one person's saving with another person's investing is comprised of financial institutions.
What is the most effective technique to comprehend a closed economy?Since Robinson Crusoe was unable to trade, economists frequently utilize the analogy of Crusoe's island. The simplest method for comprehending closed economies is the one-man economy.
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Insurers sometimes grant underwriting authority to producers. This authority is usually granted based on all of the following, EXCEPT:_____.
A. Location
B. Experience
C. Contractual arrangements
D. Profitability
Option (a), Producers occasionally receive underwriting approval from insurers. The standard criteria for granting this permission are all of the following, except location.
What standards are usually used for underwriting?Underwriting standards, which are established by banks and other lending organizations, are used to evaluate a borrower's creditworthiness (i.e. a loan). Underwriting criteria have a role in determining how much debt should be issued, as well as its terms and interest rates. These rules help to protect banks by limiting risk and losses to a reasonable level.
What exactly is underwriting in life insurance?Underwriting is the process of assessing a life insurance application to determine whether or not a policy should be approved, depending on the risk profile of the applicant.
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7) Choose the best answer.
John is an ice cream shop owner specializing in selling various kinds of soft-served ice cream. One day, John decides to poll several customers to see what kind of ice cream they prefer to eat and soon discovers that most would actually prefer hand-dipped ice cream. He decides to begin offering hand-dipped ice cream, realizing that he can charge more for it, and thus make more profit. This scenario is an example of what economic principle?
the law of economic gain
the law of supply
people respond to incentives
the law of demand
people respond to markets
The economic principle that has been reflected here would be the the law of economic gain. Option A
What is the law of economic gain?The term "economic principle" refers to a broad range of economic rules and ideas that define or explain how an economy works to meet the limitless demand in the market while having a restricted amount of resources at its disposal.
Numerous things influence economic growth. Respect for the law and the preservation of property rank among these issues in importance. John has gone ahead to discover the type of ice cream his customers prefer.
The laws of supply and demand are the foundational principles of economics. In fact, the combination of these two rules produces practically every economic occurrence or phenomena.
People must make trade-offs.What you give up to obtain anything is what it costs.Individuals respond to incentives; rational people think on the periphery.Read more on economic principles here: https://brainly.com/question/3441298
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camilo's property, with an adjusted basis of $210,400, is condemned by the state. camilo receives property with a fair market value of $241,960 as compensation for the property taken. a. What is Camilo’s realized and recognized gain?
Camilo's realized gain is $_____ and his recognized gain is $_____.
b. What is the basis of the replacement property?
The basis of the replacement property is $_____.
The property taken. a. What is Camilo’s realized and recognized gain are:
Camilo's realized gain is $31560and his recognized gain is $31560.
The basis of the replacement property is $$210400.
Recognized gain = $241,960 - S210,400
= $31560
The whole Recognized gain can be deferred as it is like kind exchange so deferred gain is $31560.
Tax basis of new Prperty = cost - postponed gain
= $241,960 - $31560
= $210400.
A identified benefit is whilst an funding or asset is offered for an quantity this is extra than what changed into in the beginning paid. Recognizing profits on an asset will cause a capital profits situation, however best if the asset is deemed to be capital in nature.
Calculate a Recognized Gain. A benefit is calculated as the sale rate of an asset, minus the acquisition value of the asset. For example, whilst an investor buys a residence for $500,000 and sells it a yr later for $600,000, the identified benefit is $100,000.
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Why can the fed control the real interest rate in the short run but not in the long run?.
Prices are sticky in the near term and it takes inflation into account. Therefore, the real interest rate fluctuates in the same way as the nominal interest rate whenever the Fed's monetary policy is altered.
Does the Fed have any immediate influence over the actual interest rate?Only if the Fed uses different policy measures from what the public perceives it is doing can real interest rates be sensibly expected to rise by the Fed. In other words, even if the public is aware of the Fed's stance on a certain day, real rates won't change that day.
Do long-term interest rates have any impact from the Fed?The management of long-term interest rates is not done by central banks. Market variables (supply and demand) that also have an impact on long-term interest rates determine the values of long-term bonds.
How does the real interest rate on short-term loans fluctuate?The interest rate actually drops if we increase the money supply in the near term while the price level and predicted inflation remain stable. Therefore, a boost in the money supply could result in a short-term decrease in interest rates.
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You notice that coca-cola has a stock price of and eps of. Its competitor pepsico has eps of. but, jones soda, a small batch craft soda producer has a p/e ratio of. Based on this information, what is one estimate of the value of a share of pepsico stock?.
Based on this information, an estimate of PepsiCo's stock value is $84.79.
An intriguing investment for value investors is a stock that looks to trade at a cheaper price in relation to its fundamentals, such as dividends, profits, or sales. Generally speaking, a growth stock and a value stock may be compared.
The P/E ratio for Coca-Cola, which is displayed below, must first be determined in order to calculate the value of a share of PepsiCo stock:
Price-earnings ratio = Market price per share ÷ Earning per share
= $41.09 ÷ $1.89
= $21.74
Now, a share of PepsiCo stock would be worth
= Price-earnings ratio × EPS
= $21.74 × $3.90
= $84.79
Complete question:
You notice that Coca-Cola has a stock price of $41.09 and an EPS of $1.89. Its competitor PepsiCo has an EPS of $3.90. But, Jones Soda, a small batch Seattle-based soda producer has a P/E ratio of 35. Based on this information, what is one estimate of the value of a share of PepsiCo stock?
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collision insurance covers your vehicle against risks such as falling objects, hail, and other non-accident situations.
The vehicle is made drivable by comprehensive physical damage coverage, which guards against these dangers.
What is physical damage?Physical damage is defined as actual physical harm to a property that, whether due to an accident or otherwise, materially reduces its usability, marketability, or value. This includes, but is not limited to, damage brought on by fire, the destruction of tangible property, construction flaws, land subsidence, earth movement, or slippage, flood, earthquake, war, civil insurrection, or riot, as well as damage resulting from these events. It is not considered physical damage if there is asbestos, lead paint, or radon gas in the home on the property. Physical damage refers to actual, unintentional physical loss or damage to the aircraft, also referred to as loss. It excludes, however, loss of use and any potential residual value depreciation after repairs have been made.
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Using a standardized recipe benefits food cost control because it provides accurate information for what?.
Using a standardized recipe benefits food cost control because it provides accurate information for pick-up services, catering, or banquets.
Why is standardizing recipes a crucial cost-control measure?A standard recipe guarantees both a consistent level of quality and quantity as well as a predictable price range. It's crucial that the cost of each recipe and portion be estimated and largely consistent in order for an establishment to determine a menu selling price that enables the establishment to turn a profit.
What benefits can standardized recipes provide?Utilizing an uniform recipe has advantages like constant quality and quantity, normal serving and price, ensuring nutritional value and managing dietary issues, such as special diets or food allergies, aiding in ensuring that "Truth in Menu" criteria are met, helping with forecasting and purchasing.
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Which of the following statements about botnets is not true?
A. Botnets are often used to perpetrate DDoS attacks. B. Eighty percent of the world's malware is delivered by botnets. C. Botnets are often used for click fraud. D. It is not possible to make a smartphone part of a botnet. E. Ninety percent of the world's spam is delivered by botnets.
The statement that is not true about the botnet is that It is not possible to make a smartphone part of a botnet. Option D is correct.
What is Botnet?A botnet (short for “robot network”) is a network of infected computers controlled by a single attacking party known as the “bot-herder.” A bot is any individual machine under the control of the bot-herder.
Botnets are frequently used to launch DDoS attacks, and botnets deliver 80% of the world's malware, which is frequently used for click fraud. It is not possible to make a smartphone part of a botnet, which is a false statement about botnets.
Therefore, option D is correct.
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in the is-mp analysis in the fed model, a rise in government expenditure will shift the: is curve to the right. mp curve down. mp curve up. is curve to the left.
In the is-mp analysis in the fed model, a rise in government expenditure will shift the: is curve to the left.
Government expenditure is described as all government spending in an economy. government expenditure includes two elements, current government expenditure and capital government expenditure: modern expenditure - government spending on the day-to-day operations of presidency, as an example the prices of running a medical institution.
Authorities purchases are expenditures on items and services via federal, country, and neighborhood governments. The blended total of this spending, with the exception of transfer payments and hobby on the debt, is a key issue in figuring out a country's gross home product (GDP).
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when a perfect hedge is not available to eliminate transaction exposure, the firm may consider methods to at least reduce exposure, such as: (lo 9.4)
when a perfect hedge is not available to eliminate transaction exposure, the firm may consider methods to at least reduce exposure, such as: (lo 9.4), is the true statement.
What is transaction exposure?The degree of risk that businesses engaged in international trade must control is known as transaction exposure. It is specifically the possibility that exchange rates will change after a corporation has committed financial resources.
the risk connected to exchange rate variations associated with consolidating financial statements as well as the risk related to exchange rate fluctuations that have an impact on cash flow movement in the company's day-to-day operations.
Thus, it is the true statement.
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although it is a strong relationship, a cooperative alliance lacks the that is needed between the various buying and supplying firms in order to optimize the benefits for all of the members of the supply chain.
Although it is a strong relationship, a cooperative alliance lacks the teamwork that is needed between the various buying and supplying firms in order to optimize the benefits for all of the members of the supply chain.
What does the International Cooperative Alliance mean?The International Co-operative Alliance (ICA) is a free, non-governmental organization that unites, advocates for, and supports cooperatives all over the world. It exists to offer a powerful and effective global voice and venue for knowledge, expertise, and coordinated action for and about cooperatives.
What is the International Cooperative Alliance's main goal?The primary goals of the ICA are to advance "the world cooperative movement: to promote and safeguard cooperative values and principles; to enable the establishment of economic and other mutually beneficial links amongst its member organizations."
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reverse mortgages allow borrowers to earn interest on their home value, essentially acting as an investment that protects their equity.
False, reverse mortgages dosen't allow borrowers to earn interest on their home value, essentially acting as an investment that protects their equity.
Although it doesn't function the same as a loan for the purchase of a home, a reverse mortgage is a loan in the sense that it enables a qualifying homeowner to borrow money. A homeowner who is 62 years of age or older and has a sizable amount of equity in their home may borrow against it and receive cash as a lump sum, a set monthly payment, or a line of credit.
A reverse mortgage, as opposed to a forward mortgage, which is the kind used to purchase a home, exempts the homeowner from lifetime loan payments.
Correct Question :
Reverse mortgages allow borrowers to earn interest on their home value, essentially acting as an investment that protects their equity. True or False.
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fill in the blank: when creating a headline for your content, you should come up with different headlines.
When creating a headline for your content, you should come up with 5-10 different headlines.
Content is the information contained in the media. This includes internet, film, television, radio, audio CDs, books, magazines, physical art, and live event content. It is aimed at end users or audiences in the publishing, art and media sectors. Live events include speeches, lectures, and stage performances.
Content in the media focuses on the audience's attention and receptivity to the content. Traffic brings content to people and helps spread it to reach a wide audience. It's a process in which anyone who encounters any type of content goes through a cycle where they encounter the content, interpret it, and go on to share it with others.
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vince buys 500 shares of common stock in water services, inc. as a shareholder of record, vince owns a proportionate interest with regard to water’s
Vince owns proportionate interest with regard to water’s earnings, control and net worth.
What is net worth?A person or institution's net worth is calculated as the total value of all of its financial and non-financial assets less the total value of all of its outstanding liabilities. It can apply to organizations, people, governments, or even entire nations. Economic sectors like the financial sector are also included. Equity is another name for net worth in company. It is often based on the carrying value of all assets and liabilities, which is the value as it is stated on the financial statements. The net worth will be incorrect to the degree that the balance sheet items do not accurately reflect their genuine (market) value. When looking at the balance sheet, it is clear that net value is negative if accumulated losses exceed shareholder equity.
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public relations is the organizational function that oversees a company's communications to achieve which of these objectives? (choose every correct answer.)
Public relations is the organizational function that oversees a company's communications to achieve
Maintaining a positive imageMaintaining positive relationships with mediaHandling unfavorable stories or eventsWhat are Public relations?Generally, A favorable image in the eyes of the public may be cultivated and sustained by public relations professionals for a business or organization. They produce various forms of media, such as news releases and messages posted on social media platforms, with the intention of influencing public perception of the business or organization and raising awareness of its brand.
"Public relations" may be defined as "a strategic communication process that establishes connections between corporations and their respective publics that are mutually beneficial."
It is a function that brings together human, physical, and financial resources in order to synchronize and combine them. To achieve success, it is necessary to make use of all three resources. As a consequence, organizational function contributes to the production of outcomes, which in turn is essential to the successful operation of a concern.
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CQ not found
during the baroque period in england _____________ was considered brittan’s greatest architect.
During the baroque period in England Gian Lorenzo Bernini was considered Britain’s greatest architect.
What is architecture?Architecture is referred to as an innovative technique or artwork based on building or physical structures that aims at creating cultural values for upcoming generations to understand the importance of history.
One of the most important Baroque architects was Gian Lorenzo Bernini. His name would become associated with the development of dramatic settings that sought to generate strong emotions as the Rome-based aesthetic spread throughout Europe.
The excellent structural compositions of Bernini are also well recognized. St. Peter's gallery was the location of his most imposing design.
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the estimation of costs is generally most difficult when the ___________ process has been chosen.
The estimation of costs is generally most difficult when the job shop process has been chosen.
What is a job shop process?Generally, Job shops are primarily small manufacturing systems that manage job production, also known as custom/bespoke or semi-custom/bespoke manufacturing processes.
These processes may include batch jobs or client orders ranging from small to medium in size. Job shops are also known as batch shops. Work shops often move on to various projects after one job is done before beginning another.
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in general, groups organized on behalf of businesses and industries have more lobbyists and more financial resources than citizen groups.
true, groups organized on behalf of businesses and industries have more lobbyists and more financial resources than citizen groups.
In its original sense, lobbying related to efforts to influence legislators' votes, typically in the lobby outside the legislative chamber. Lobbying is any endeavor by people or private interest organizations to influence government decisions. Any political system will inevitably involve some type of lobbying.
The practice of lobbying, which has drawn particular attention in the US, can take many different forms. Before legislative committees, group representatives may testify. Government representatives may be "buttonholed" in hotels, resorts, or private residences.
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Buying behavior may be defined as the decisions and actions of people involved in buying and using products. Which of the following is normally included major focus in the study of buying behavior?
(a) Institutional buying behavior
(b) Personal buying behavior
(c) Consumer buying behavior
(d) Governmental buying behavior
The option that is normally included as major focus in the study of buying behavior is consumer buying behavior. The Option C is correct.
What does Buying behavior involves?In marketing, a buyer behavior means the decision and acts people undertake to buy products or services for individual or group use. Also known as “consumer buying behavior” often applies to individual customers in contrast to businesses.
This behavior is a driving force behind any marketing process and involves understanding why and how people decide to purchase product or why they are so loyal to one particular brand is the number one task for companies that strive for improving their business model and acquiring more customers.
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a ____________ is the share of profits or percentage of sales a franchisee pays to a franchisor.
Royalty is the sales percentage or profit share that a franchisee pays to the franchisor.
What is the name given to the share of profits paid by a franchisee to a franchisor?
A franchise (or franchising) is a system of product or service distribution that involves a franchisor, who creates the brand's trademark or trade name and a business system, and a franchisee, who pays a royalty and frequently an upfront fee for the right to operate under the franchisor's name and system. The "franchise," though technically the agreement that binds the two parties, most frequently refers to the enterprise that the franchisee runs. The term "franchising" most frequently refers to the process of developing and disseminating a brand and franchise system.
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liam has just set up a network connection for jls tyre's administration and wants to ensure that the ip addresses are functioning correctly with the nic. liam just wants to cross-check that basic internet connection is up and running for the corporation by visiting 's servers. in such a situation, analyze which of the following addresses liam should visit to ensure that the network connection has been successful.
To ensure that IP address is working properly, and network connection has been successful, Liam should check ping 8.8.8.8.
Hardware components on a network are identified by their IP (Internet Protocol) addresses. These devices can interact with one another and exchange data on a network or the internet thanks to the addresses.
A series of numerals are separated by periods to form each address. To uniquely identify each computer, router, and site on the internet, we require billions of IP addresses. Unique numbers will eventually run out, hence an ipv6 system has been created that address this issue. Your machine will also have two IP addresses if it is linked to both the web and the local network. Both a private and public IP address will be assigned to you locally and internet, respectively.
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which of the following occurs on the date of record?
a. The company accrues the dividend to be paid.
b. The board of directors declares the dividend.
c. The company pays the dividend.
d. A list of shareholders entitled to receive the dividend is prepared.
e. None of the choices occurs at the date of record.
Option (e), None of the options are true as of the record date.
What is record date of an event?
The issuing corporation establishes a fixed date when the investor must own shares in order to become eligible to engage in corporate events like receiving dividend, bonus shares etc. Record date refers to this.
The record date, which establishes the deadline by which shareholders must be listed on the business's books in order to be entitled to receive dividends on their shares, is decided by the board of directors of a corporation. A stock's price normally drops by the amount of the declared dividend on the ex-dividend day.
If I buy just on record date, would I get the dividend?Stocks normally have an ex-dividend date set one business day prior to the record date. You won't get the next dividend payment if you buy a stock on the ex-dividend date or later. Instead, the seller gets the dividend. If you acquire well before ex-dividend date, then will get the dividend.
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Moving average (MA) methods work best when? a long planning horizon is involved. a cyclical pattern is observed in a time series. demand is relatively stable and consistent. there is a major trend in a time series.
When demand is reasonably solid and consistent, moving average (MA) techniques are most effective.
What can you infer from a moving average?A stock indicator known as a moving average (MA) is frequently for use in technical analysis to assist smooth out price data by generating a continuously updated average price. An uptrend is indicated by a rising moving average, whilst a downtrend is shown by a dropping moving average for the securities.
Which moving averages is the ideal one?In the world of stock trading, the 200-day similar method is thought to be highly important. Generally speaking, a stock is considered to have been in a bullish trend if its 50-day moving average is higher than its 200-day long - term average. A crossover of the 200-day rising average to the downward is seen as bearish.
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on january 1, year 1, beatie company borrowed $390,000 cash from central bank by issuing a five-year, 5 percent note. the principal and interest are to be paid by making annual payments in the amount of $90,080. payments are to be made december 31 of each year, beginning december 31, year 1.
The amortization schedule of the company is shown and $0 is the final balance after five years.
What is the amortization schedule?Based on the amortization process, a periodic payment amount owed on a loan (usually a mortgage) is calculated using an amortization calculator.
The total amount of each payment under the amortization repayment plan is the same, but each installment contains different amounts of interest and principal.
An amortization schedule calculator is frequently used to adjust the loan amount until the monthly payments comfortably fit into a budget.
It may also be used to change the interest rate to see what kind of property or car a person can buy depending on the rate.
So, the amortization schedule of the company is attached below.
Therefore, the amortization schedule of the company is shown and $0 is the final balance after five years.
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Correct question:
On January 1, Year 1, Beatie Co. borrowed $200,000 cash from Central Bank by issuing a five-year, 6 percent note. The principal and interest are to be paid by making annual payments in the amount of $47,479. Payments are to be made on December 31 of each year, beginning December 31, Year 1.
Required:
1. Prepare an amortization schedule for the interest and principal payments for the five-year period. (Round your answers to the nearest dollar amount.)
Which of the following is NOT protected by copyright?
A)Trade secrets
B)Photographs
C)Written music
D)Newspapers
Newspapers released prior to 1927 are exempt from copyright and are deemed to be in the "public domain." Hence option D is correct .
What is Copyright ?A copyright is a sort of intellectual property that, typically for a certain period of time, grants its owner the sole authority to reproduce, transmit, adapt, exhibit, and perform a creative work.
The creative work could take the form of something musical, artistic, educational, or literary. A creative work's original expression of a concept is what copyright is meant to protect, not the idea itself. A copyright may be susceptible to restrictions based on factors of public interest, such as the fair use doctrine in the US.
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when investigating a solution, what information is it important for you to identify?
Factors that affect recall and information quality is information is it important for you to identify.
What is information quality?Information quality refers to the standard of the content of information systems. In pragmatism, it is commonly referred to as "The adequacy of the information offered." IQ frameworks also provide a useful method for accurately and thoroughly assessing DQ/IQ.
You need to be aware of some standards for good data. Learn more about the five qualities of quality data in the following paragraphs: accuracy, completeness, reliability, relevance, and timeliness.
Thus, Factors that affect recall and information quality.
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of the following, which one is the most positive feature of whole life insurance for a person who wants a more structured way to save?
The best aspect of whole life insurance for someone looking for a more organized way to save is that it grows cash value.
What does a life insurance cash value mean?Everlasting life insurance policies frequently incorporate a savings feature called cash value. The cash value might increase over time at either a flexible interest rate, depending on your specific policy. Through a life insurance loan, you can take out a loan against the cash value of your policy.
How quickly does cash value in life insurance grow?Usually, it takes two to five years for a life insurance policy's cash value to begin to increase. Once it has grown, you can typically access it in accordance with the terms of the policy. You can only get the cash value of your coverage while you're still alive.
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Poka Yoke uses a number of devices to mistake-proof a process. Which of the following would NOT be included?A)Fixture templatesB)Electric relaysC)Self-check inspectionsD)Buzzer or light signals
Electric relays a number of devices to mistake-proof a process. the following would not be included.
What are the devices?A device is a complete piece of natural science hardware that is used to compute or support computer mathematical functions within a larger system. Some devices, such as peripheral devices, are subsidiary in nature and can provide input, output, or both to a computer.
Relays are electrically powered switches that operate by receiving electrical signals from other sources to open and close circuits. By turning the switch on and off, they receive an electrical signal and transmit it to other pieces of equipment.
Therefore, Thus, option (B) is correct.
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