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Fundamentals Of Insurance (BC) Exam Questions and Answers 100% CorrectFundamentals Of Insurance (BC) Exam Questions and Answers 100% CorrectFundamentals Of Insurance (BC) Exam Questions and Answers 100% CorrectInsurance plays an important role in managing financial risk. The main purpose of Insurance is to: A. Enable the consumer to obtain loan or mortgage. B. Provide employment and investment capital. C. Allow spread of risk. D. Reduce losses through loss prevention and loss reduction...

Insurance plays an important role in managing financial risk. The main purpose of Insurance is to: A. Enable the consumer to obtain loan or mortgage. B. Provide employment and investment capital. C. Allow spread of risk. D. Reduce losses through loss prevention and loss reduction. - correct answerC. Allow spread of risk. When the insurer terminates an insurance policy, ALL of the following conditions apply, EXCEPT one. Pick the exception: A. The insured is entitled to 15 days' w...

Tutorial Letter 201/3/2021 NOTARIAL PRACTICE LPL4805 Super Semester LPL4805 Super Semester Department of Private Law Dear Student In this tutorial letter, we provide you with the memoranda for the two compulsory assignments and the suggested answers to the self-assessment assignment. IMPORTANT NOTICE Check timeously that you are eligible to write the examination, in other words, that the University has received and assessed your compulsory ass...

ECS1601Test bank with answers Economics, past exam papers Exam-Pack-Index From 2017-2022, assignment 1, assignment 2, .. ..complete solutions 1 ECS1601 TEST BANK Question 1 In the goods market of the circular flow model, …. 1) firms buy factors of production from consumers 2) firms buy finished products from households 3) consumers buy factors of production from firms 4) firms sell factors of production to the government 5) consumers buy finished products from firms Th...

The purchases journal may be used for the following - A) credit or pay later purchase transactions B) cash purchase transactions C) purchase transactions paid by cheque D) all of the above correct answers D) all of the above Transactions entered in the purchases journal will allow all but one of the following - A) recording of all necessary details surrounding the invoice B) only one type of transaction C) more than one type of transaction D) modifying of the invoice form correc...

The currency not widely used in international payment: Select one: a. The German Deutsche Mark (DM) b. The Euro (€) c. The US Dollar ($) d. The Japanese Yen (¥) A In documentary credits, the date when the issuing bank is bound to be responsible for L/C amendment is determined: a. whenever the buyer or the seller has any issues. b. by any period before the opening of the first L/C. c. from the date issuing amendment L/C. d. 7 working days from the date of the L/C amendment. C...

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SAGE CH 6 Exam Questions and Answers 1. The sales journal may be used for - a. all credit card sales transactions b. all sale transactions paid by cash c. all sales transactions paid by cheque d. all of the above - ANSWER D 1. Transactions entered in the sales journal will allow all but one of the following - a. recording of all necessary details surrounding the invoice b. only one type of transaction c. more than one type of transaction d. omitting the HST from the invoice...

SAGE 50 - Ch 7 Exam Questions and Answers 100% Correct 1. Which of the following components make up the payables ledger setup - A) payables and sales tax setting defaults B) payables linked accounts C) set up vendor information and historical data D) all of the components listed here are necessary - Answer- D) all of the components listed here are necessary 2. If the bank issues a new series of cheques with a different numbering sequence - A) we must change the payments settings to acco...

Insurance plays an important role in managing financial risk. The main purpose of Insurance is to: A. Enable the consumer to obtain loan or mortgage. B. Provide employment and investment capital. C. Allow spread of risk. D. Reduce losses through loss prevention and loss reduction. - C. Allow spread of risk. When the insurer terminates an insurance policy, ALL of the following conditions apply, EXCEPT one. Pick the exception: A. The insured is entitled to 15 days' written notice of termination s...