Accelerated depreciation Study guides, Class notes & Summaries

2022 California Real Estate Exam Prep Questions & Answers (Test Bank) (top 10pages free) An appraiser's definition of "Value" would be: a. present worth of all rights to future benefits arising out of ownership. b. the ability of one commodity to command other commodities in exchange. c. relationship between the thing desired and the potential purchaser. d. all of the above. ANS- d. all of the above. These are elements of value. Which of the following abbreviations is associated ...

ABC analysis - ANS>inventory control system that divides the inventory into three classes: A, B, and C, depending on the value and importance of the item accelerated depreciation method - ANS>allows asset own to take greater amounts of depreciation during early years of asset's life, defers some of the taxes until later years acceptable quality level (AQL) - ANS>quality standard that allows for a prespecified number of defects acceptance - ANS>an assent to an offer in accorda...

CAIB 2 Practice Exam Questions with Verified Answers Waivers of Co-insurance clause are common on commercial property policies. What types of losses are applicable to this waiver of co-insurance? Is less than $5000 or Is less than 2% of the amount of insurance. (72,00 x 2%=1440) Identify 3 reasons why exclusions exist on commercial property policy. losses which are generally considered by insurers to be commercially insurable: 1. Deliberate acts of violence -war, rebellion 2. losses ...

Accelerated Benefits - Answer- Riders attached to life insurance policies which allow death benefits to be used to cover nursing or convalescent home expenses. accident - Answer- An unplanned unforeseen event, which occurs suddenly and an unspecific place accident insurance - Answer- A type of insurance that protects the insured against loss due to accidental bodily injury. Accidental Bodily Injury - Answer- Unplanned, unforeseen traumatic injury to the body. Accidental death and dis...

Accelerated BenefitsAnswer - Riders attached to life insurance policies which allow death benefits to be used to cover nursing or convalescent home expenses. Accidental Death BenefitsAnswer - A policy rider that states that the cause of death will be analyzed to determine if it complies with the policy description of accidental death. Accidental Death InsuranceAnswer - An insurance policy that provides payment if the insured's death is the result of an accident. Accumulation PeriodA...

MAJOR FIELD TEST BUSINESS STUDY SET 2024 ;PERFECT WILL PASS!!!! Balance Sheet Attempts to describe the financial condition of the firm at a point in time. Includes: Assets, Liabilities, & Equity - "net assets" what remains after deducting liabilities from assets.. Income Statement Presents the results of the operations of an entity over a peroid of time. Includes: Revenues, Expenses, Income, Gains & Losses Statement of Equity or Statement of Retained Earnings (Capital) Bridges th...

NEW YORK LIFE INSURANCE EXAM 2024 WITH 100% CORRECT ANSWERS Accelerated Benefits - correct answer Riders attached to life insurance policies which allow death benefits to be used to cover nursing or convalescent home expenses. Accidental Death Benefits - correct answer A policy rider that states that the cause of death will be analyzed to determine if it complies with the policy description of accidental death. Accidental Death Insurance - correct answer An insurance policy that provide...

CFA Level 1 - 101 Must Knows 368 Questions with Verified Answers Addition Rule of Probability - CORRECT ANSWER ADDITION: P(A or B) = P(A) + P(B) - P(AB) Roy's Safety First Criterion - CORRECT ANSWER Safety First Ratio = (E(R) - Rₜ) / σ Larger ratio is better If (Rₜ) is risk free rate, then it becomes Sharpe Ratio Sharpe Ratio - CORRECT ANSWER Sharpe Ratio = (E(R) - RFR) / σ Larger ratio is better If (Rt) is higher than RFR, then it becomes Safety First Ratio Centra...

Idaho Life Insurance ExamComplete Questions with 100% Correct Answers Accelerated Benefits Riders attached to life insurance policies that allow death benefits to be used to cover nursing or convalescent home expenses. Accidental Death Benefits A policy rider that states that the cause of death will be analyzed to determine if it complies with the policy description of accidental death. Accidental Death Insurance An insurance policy that provides payment if the insured's death is the resu...

Idaho Life Insurance Exam Complete Questions with 100% correct Answers Accelerated Benefits Riders attached to life insurance policies that allow death benefits to be used to cover nursing or convalescent home expenses. Accidental Death Benefits A policy rider that states that the cause of death will be analyzed to determine if it complies with the policy description of accidental death. Accidental Death Insurance An insurance policy that provides payment if the insured's death is the res...