Cash pooling system Study guides, Class notes & Summaries

A tax shelter is ? the excess of cash flow over taxable income. Pooling of funds of several lenders to make a single loan is ? mortgage participation In a tax deferred exchange "boot' is the ? taxable unlike property. The ability of a comapany to meet its short term obligations is expressed by the? quick ratio. Which is a residual concept? highest and best use An investor is going to restore and old Victorian home. The lender wants to know what its value...

risk - chance of loss speculative risk - -involves the chance of gain or loss and is NOT insurable -ex: gambling pure risk - involves only the chance of loss and is insurable exposure - being subject to the possibility of loss because of an activity, location, or characteristics -second hand smoke -no control on exposure peril - cause of loss natural peril - lightning, hail, hurricane, and so forth human peril - theft, murder, auto accidents, industrial accidents, and illnes...

Principle of Financial Management Exam 1 questions and answers latest top score. (LO 1.1) What is finance? - correct ce is the study of how individuals, businesses, governments and institutions acquire, manage, and spend financial resources. What is meant by the term financial environment? - correct answers.The financial environment encompasses the financial system, institutions, markets, and individuals that make the economy operate efficiently. (LO 1.1) What ar...

Sources of Income Wages, rentals, interest, capital, profit, investments, entrepreneurship Exemption (allowance) and how it works Allowance is used to reduce amount of taxed income Liquidity The degree of ease in which the assets can be sold Gift cards and how they work (a monthly inactivity fee may begin after 12 months) closed loop system and open loop system Discretionary income or budget surplus Not allocated for food or shelter Money orders (high rate...

FICEP Part 2 Latest Update Graded A 401k Plan A plan which allows employees to make tax-deferred contributions to retirement savings accounts. Many employers match these contributions at a specified ratio to help retirement savings build faster. Beneficiary The person or persons who are designated to receive the amount of the death benefit if the policyholder dies. Cafeteria Plan Tax-qualified flexible benefit plans that are offered by participating employers. It was created by the internal Re...

sources of income wages, rentals, interest, capital, profits, investments, entrepreneurship exemption also called allowance: used to reduce amount of taxed income liquidity the degree of ease in which assets can be sold gift cards closed loop system and open loop system; can be purchased in fixed amounts and redeemed for purchases from particular businesses discretionary income also called budget surplus; not allocated for food or shelter money order a p...

RSK4803 Exam Pack (1) 2 - Valsamakis Risk Financing (University of South Africa) lOMoARcPSD| RSK4803 CRUNCHTIME.TEACHABLE.COM Compiled by Lionel Jabu Munemo () EXAM PACK FOR 2019 EXAMS Downloaded by Thomas Mboya () lOMoARcPSD| Crunch Time Jan/Feb 2018 Downloaded by Thomas Mboya () lOMoARcPSD| First you need to calculate the E(X) and standard deviation. Variance =[(x i – E(X)] 2 Pr(x i ) σ(X) = R42,862.94 MPL Theft = R217,367.38 MPL (after multiplied with factor of 10) =R2,...

A tax shelter is ? - Answer the excess of cash flow over taxable income. Pooling of funds of several lenders to make a single loan is ? - Answer mortgage participation In a tax deferred exchange "boot' is the ? - Answer taxable unlike property. The ability of a comapany to meet its short term obligations is expressed by the? - Answer quick ratio. Which is a residual concept? - Answer highest and best use An investor is going to restore and old Victorian home. The lender wants to...

CTP Exam 1 Practice Questions (Answered) 100% Correct Over the past 3 years XYZ Company has expanded into multiple countries and significantly grown its banking relationships. The company now incurs significant expenses related to payment transaction costs and maintaining multiple bank connections. What shoudl the company use to cobat these rising costs. A. SWIFT network B. ACH Network C. CHIPS network D. TARGET 2 *ANS* A An Instrument that gives the right to buy a stated number of...

1 MARYLAND LIFE AND HEALTH INSURANCE EXAM | QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+ The contractual rights which allow the owner of a deferred annuity to surrender the cash value several years before the annuity date are called Correct Answer: Nonforfeiture Options How many days does the ACA require insurers to give before rescinding coverage? Correct Answer: 30 Under an adjustable life insurance policy, these may be changed without further writing Correct Answ...