Which is a valid reason for buying insurance cover for items

Assignment Help Financial Accounting
Reference no: EM132985566

Problem 1: Which of the following is a valid reason for buying insurance cover for items that are included in international trade transactios.

A. For the commercial marine insurance agencies insurance brokers or freight towarders to insure against transport risk.
B. To ensure goods are adequately insured with claims payable.
c. All of the above.
D. To engage a freight forwarder or obtain independent advice from an insurance broker specializing in international transport.

Reference no: EM132985566

Questions Cloud

Evaluate the liability section of the balance sheet : What financial metrics would they use to evaluate the liability section of the balance sheet? Explain the information that the metrics would provide.
How bank with an immediate performance -driven culture : How a Bank with an immediate performance -driven culture have coped during this period. Would a Bank with an Unfocused culture have survived?
Which should lower the money supply if : If the RBA wants to permanently increases interest rates, then it should lower the money supply if? the liquidity effect is smaller than the expected inflation
Estimate company beta and standard deviation : Estimate company Beta and standard deviation - Estimate YTM on bond using either scientific calculator or factor table which provides incorrect answers
Which is a valid reason for buying insurance cover for items : Which is a valid reason for buying insurance cover for items that are included in international trade transactios? For the commercial marine insurance agencies
What is the farmer net earnings in the year : As a result, he is able to increase productivity and earns $10,000 the following year. What is the farmer's net earnings in the year?
Describe several pieces of information included in the audit : Describe several pieces of information included in this audit report that are not provided in the audit report for U.S. public companies.
Find the independent auditor report : Were any problems identified with the U.S. Government's internal control over financial reporting? If so, then list the deficiencies discussed in the report.
What standards did the auditor follow when performing audit : Who signed the audit report? How does this differ from audit reports in the U.S.? What standards did the auditor follow when performing this audit?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd