Question
Which transaction results in flow of
funds?Solution
When a company raises a long-term loan, it involves borrowing funds from external sources, typically from banks or financial institutions. The funds obtained through the loan are recorded as a liability on the company's balance sheet since they represent an obligation to repay the borrowed amount over time. This transaction leads to the flow of funds into the company, increasing its available cash or resources.
Which of the following is not the characteristics of price positioning?
_________is a sum of money paid by an employer to an employee for services rendered in the company
A term policy that can be converted to permanent coverage rather than expiring on a specific date is called?
The role of a risk engineer in the insurance process is to:
What is meant by customer lifetime value?
A form of life insurance coverage payable to a third party lender/mortgagee upon the death of the insured/mortgagor for loss of loan payments is termed as?
The General Insurance Corporation of India was incorporated as a company in which year?
An adjustable life insurance under which premiums and coverage are adjustable, company’s expenses are not specifically disclosed to the insured but a ...
A form of liability insurance providing coverage for negligent acts and omissions such as workers compensation, errors and omissions, fidelity, crime, ...
Which act was the first legislation governing all forms of insurance to provide strict state control over insurance business?
