by how many days does the discontinuance of a group insurance policy reduce the time limit for providing notice of claim or proof of loss

Answers

Answer 1

Answer:

0 days.

Explanation:

A group life insurance policy can be defined as a single contract plan that covers a group of people by providing life insurance coverage. An employer may opt for a group life insurance policy which would cover the lives of his or her employees. Therefore, in the event that an employee died, the group life insurance policy would act as a monetary security by providing financial support or aid to the family members of the deceased employee.

The discontinuance of a group insurance policy reduce the time limit for providing notice of claim or proof of loss by 0 days. The date for notice of claim or proof of loss is perpetual and such the beneficiaries of these policies are allowed to provide or present evidence at any time.

A notice of discontinuance of an insurance company should contain therein a date when the group policy plan will discontinue and as a result the insurer wouldn't be liable for claims for losses incurred after the date of discontinuance.


Related Questions

Items owned that could be sold for cash

Answers

Clothes, shoes, jewelry, makeup, old electric devices... and so on
Clothes,shoes, jewelry, furniture,art work,

what are the functions of business.

A) employee staff support personnel and logistics.
B) employment accounting marketing and management.
C) logistics social media the Internet and staffing.
D) production accounting and finance management administration human resources and sales and marketing.

Answers

The most likely answer is option D

E-commerce is the buying and selling of goods .

Answers

E-commerce is the buying and selling of goods and services "over an electronic network known as internet".

What is the role of E-commerce on the world countries?

Basically, an E-commerce fully means an electronic commerce, which  refers to the companies and individuals that buy and sell goods and services over the Internet. An electronic commerce operates in different types of market segments and can be conducted over computers, tablets, smartphones and other smart devices.

Almost all imaginable product and service are now available through the ecommerce transactions including books, music, plane tickets and financial services such as stock investing and online banking

Some of the important role of E-commerce on the world economy includes promotion of efficiency of national resources allocation, optimizes the economic structure, improvement of national competitiveness etc.

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Do you believe that Mrs. Wyatt was justified in her perception of the situation? Explain.

Answers

Mrs. Wyatt may or may not have been justified in her perception of the situation. It is possible that she felt that she was being ignored or treated unfairly, and that the bank employee was not taking her seriously.

Here are some factors that may have influenced Mrs. Wyatt's perception of the situation:

Her personal experiences. Mrs. Wyatt may have had previous negative experiences with banks, which may have made her more likely to feel that she was being treated unfairly.The bank employee's body language and tone of voice. If the bank employee was not making eye contact with Mrs. Wyatt or was speaking to her in a condescending tone, this could have made her feel like she was being ignored or treated unfairly.The length of time she had to wait. If Mrs. Wyatt had to wait a long time to be served, this could have made her feel frustrated and impatient, which could have made her more likely to perceive the situation negatively.

It is important to note that everyone experiences situations differently. What may seem like a minor inconvenience to one person could be a major source of frustration or anger for another. It is also important to remember that bank employees are human beings, and they are not perfect.

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Which of these is not an example of good practice when differentiating phonological awareness instruction?


a.

Increasing the intensity of instruction by teaching in smaller group sizes.


b.

Expecting all children to be able to produce rhyming words at the same time of the year.


c.

Increasing the intensity of instruction by giving individual children more opportunities to respond.


d.

Supporting children's understanding of an activity by using visual supports.

Answers

The option that is not an example of good practice when differentiating phonological awareness instruction is (b) Expecting all children to be able to produce rhyming words at the same time of the year.

What is good practice?

Recognizing that children learn at various speeds and have varied degrees of preparedness is a key component of good practice in differentiating phonological awareness training. It is unrealistic to anticipate that all kids will develop at the same rate.

Each child's unique requirements and talents are taken into account while differentiating instruction. Therefore, it is inconsistent with the ideas of differentiation to expect all kids to be able to come up with rhymes at the same time of the year.

Therefore the correct option is b.

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Which of these might be an example of an advertiser's target group?

Answers

The example of an advertiser's target group is B.people the advertisers know nothing about.

What is advertiser's target group?

The target audience an be desribed as the specific group of consumers that is in the position whereby they are the most likely to want the product or service, ther is been advertised and they can be considered as the people who should see the ad campaigns.

Ity shouldbe noted that the Target audience  can be seen by using the gender, income, location, as well as interests  and age which could depend on the product that is been advertised to them them.

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missing options;

A.People who have no access to media

B.people the advertisers know nothing about

C. People who watch a variety of TV shows

D. People who live in the same region of the country

Abey​ Kuruvilla, of Parkside​ Plumbing, uses 1,220 of a certain spare part that costs ​$27 for each​ order, with an annual holding cost of ​$25. ​a) Calculate the total cost for order sizes of​ 25, 40,​ 50, 60, and 100 ​(round your responses to two decimal​places). ​b) What is the economic order​ quantity?

Answers

The total cost is : $1,630.10, $1,310, $1,283.8, $1,299, $1,579.4 and the economic order quantity is 51.33.

How to find the economic order quantity?

Using this formula to find the total cost

Total cost = DCo/Q    + QH/2

Where:

D = Annual demand

Co = Ordering cost per order

H = holding cost per item per annum.

Order Size 25

Total cost = (1,220 x $27/25)  + (25 x $25/2)

Total cost = $1,317.6 + $312.50

Total cost = $1,630.10

Order Size 40

Total cost = (1,220 x $27/40) + (40 x $25/2)

Total cost = $810 + $500

Total cost = $1,310

Order Size 50

Total cost = (1,220 x $27/50) + (50 x $25/2)

Total cost = $658.8 + $625

Total cost = $1,283.8

Order Size 60

Total cost = (1,220 x $27/60)  + (60 x $25/2)

Total cost = $549 + $750

Total cost = $1,299

Order Size 100

Total cost = (1,220 x $27/100)  +  (100 x $25/2)

Total cost = $329.4 + $1,250

Total cost = $1,579.4

b. Economic order quantity

Economic order quantity  = √ 2 ×  $27 × 1220 ÷25

Economic order quantity  = √ 65,880÷25

Economic order quantity =√2,635.2

Economic order quantity =51.33

Therefore the economic order quantity is 51.33.

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explain the changing nature of public administration​

Answers

The nature of public administration has undergone significant changes over the years. Traditional public administration was characterized by hierarchical structures.

However, with the increasing complexity of modern society, new challenges have emerged that require a more flexible and responsive approach to public administration.

One of the key changes in public administration has been the shift towards more participatory and collaborative approaches. This has been driven by a growing recognition of the importance of engaging citizens and stakeholders in decision-making processes, and the need to build trust and legitimacy in government institutions.

Another important change has been the adoption of technology in public administration. From e-government initiatives to data-driven decision-making, technology has transformed the way that government organizations operate and interact with citizens.

At the same time, there has been a growing emphasis on performance management and accountability in public administration. This has involved the development of performance metrics, the use of benchmarking and evaluation, and a focus on outcomes rather than inputs.

Overall, the changing nature of public administration reflects the broader shifts in society towards greater complexity, interdependence, and accountability. While there are still many challenges to be addressed, the evolution of public administration offers hope for more effective and responsive governance in the years to come.

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which one of the following is a correct regarding the accounting principles applied in fiducuary funds

Answers

Fiduciary funds account on an accrual basis. Economic resource measurement and the accrual foundation of accounting are used by fiduciary funds.

Except for the recognition of certain liabilities of defined benefit pension plans and some postemployment healthcare plans, fiduciary funds should be reported using the economic resources measurement emphasis and the accrual basis of accounting [Governmental Accounting Standards Board] (GASB). A city may have fiduciary funds such as a law enforcement trust fund and a firemen's pension fund. Other types of fiduciary funds include investment trust funds, private-purpose trust funds, pension (and other employee benefit) trust funds, and agency funds.

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Select the correct point on the graph. Which point on the graph indicates the lowest quantity supplied of goods? 9.00 8.00 Price per Pound 7.00 6.00 5.00 4.00 3.00 2.00 supply Curve 1,000 2,000 3,000 4,000 5,000 6,000 7.000 Quantity in Pounds​

Select the correct point on the graph. Which point on the graph indicates the lowest quantity supplied

Answers

Answer:

It would be A

Explanation:

the right location on the graph. Which point on the graph represents the lowest number of items supplied It is 9.00 8.00 Price per Pound. As a result, choice (A) is the right one.

What is meant by  supply Curve?

In economics, supply refers to the quantity of a resource that businesses, producers, workers, suppliers of financial assets, or other economic agents are willing and able to offer to the market or to a specific person. Supply can refer to manufactured items, labor hours, raw resources, or any other limited-supply or high-value item.

Supply is frequently represented graphically as a supply curve, with the price per unit on the vertical axis and the amount delivered as a function of price on the horizontal axis. This undesirable yet common practice involves flipping the independent and dependent variables from their regular positions.

The supply curve might represent a single seller or the market as a whole, totaling the quantity given by every vendor.

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When an individual starts a new business there are

Answers

Answer: When an individual starts a new business there are risks and costs.

Explanation:

Assume that Denis Savard Inc. has the following accounts at the end of the current year. 1.Common Stock14.Accumulated Depreciation-Buildings. 2.Discount on Bonds Payable.15.Cash Restricted for Plant Expansion. 3.Treasury Stock (at cost).16.Land Held for Future Plant Site. 4.Notes Payable (short-term).17.Allowance for Doubtful Accounts. 5.Raw Materials18.Retained Earnings. 6.Preferred Stock (Equity) Investments (long-term).19.Paid-in Capital in Excess of Par-Common Stock. 7.Unearned Rent Revenue.20.Unearned Subscriptions Revenue. 8.Work in Process.21.Receivables-Officers (due in one year). 9.Copyrights.22.Inventory (finished goods). 10.Buildings.23.Accounts Receivable. 11.Notes Receivable (short-term).24.Bonds Payable (due in 4 years). 12.Cash.25.Noncontrolling Interest. 13.Salaries and Wages Payable. Prepare a classified balance sheet in good form

Answers

Answer:

                                       Denis Savard Inc

                                  Classified Balance sheet

                                                         Amount$    Amount$   Amount$

        Assets

Current Assets

Cash                                                      xxx

Less Cash Restricted for Plant            xxx               xxx

Expansion

Accounts Receivable                           xxx

Less Allowance for Doubtful debt      xxx                xxx

Notes Receivable                                                      xxx

Receivables-Officers                                                 xxx

Inventory

Finished goods                                     xxx

Work in Process.                                   xxx

Raw Materials                                        xxx               xxx

Total Current Assets                                                                    xxx

Stockholders Equity

Common Stock                                      xxx

Add Paid-in Capital in Excess of           xxx

Par-Common Stock.

Total paid in capital                                                   xxx

Add Retained Earnings.                                            xxx

Total paid in capital and retained earnings             xxx

Less Treasury Stock (at cost)                                    xxx

Total Stockholders Equity                                                            xxx

Total Liability and Stockholders Equity                                       xxx

Liability and Stockholders Equity

Current Liability

Salaries and Wages Payable.                                    xxx

Unearned Subscriptions Revenue.                           xxx

Unearned Rent Revenue.                                          xxx

Total Current Liability.                                                                  xxx

Long term liabilities

Bonds Payable (due in 4 years)               xxx

Less Discount on Bonds Payable            xxx             xxx

Total Long term liabilities.                                    .                       xxx

Long term Investment

Preferred Stock (Equity) Investments.                         xxx

Land Held for Future Plant Site..                                  xxx

Cash Restricted for Plant Expansion.                           xxx

Total Long term Investment.                                                        xxx

Property, Plants and Equipment

Building.                                                     xxx

Less Accumulated Depreciation              xxx               xxx

- Buildings

Total Property, Plants and                         .                                   xxx

Equipment

Intangible Assets

Copyrights.                                    .                                xxx

Total Intangible Assets.                                    .                             xxx

Total Assets.                                    .                                              xxx

Explain how each of the following events would affect the equilibrium price and quantity of new textbooks. (Explain which curve(s) would shift and in which direction(s).)​

Answers

The events that would affect the equilibrium price and quantity of new textbooks include changes in production costs, shifts in student enrollment, changes in government policies etc.

How do these events impact the equilibrium price and quantity?

The changes in production costs will shift the supply curve of new textbooks. If production costs increase, the supply curve would shift to the left resulting in decrease in the equilibrium quantity and an increase in the equilibrium price.

But if production costs decrease, the supply curve would shift to the right leading to an increase in the equilibrium quantity and a decrease in the equilibrium price of new textbooks.

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at a firms current rate of output, the marginal cost is $65, the average variable cost is $35, the average fixed cost is $30 and the product price is $65. which of the following statements is true for the firm
a. economic profits are zero because price equals average total cost
b. decreasing average total cost through an increase in economies of scale
c. The accounting profits are less than her implicit costs

Answers

a. Economic profits are zero since the firm's following statements are accurate in that price equals average total cost.

What exactly are economic gains?

The opportunity cost can be subtracted from the accounting profit to determine economic profit. The investment that the company will have to forgo making on the current opportunity is known as the opportunity cost. Often, accounting profit is what is meant when discussing profit in a business.

Hence, when we say that our company has made money, we are talking about an accounting profit. Economic profit is a crucial concept in trade-offs. An organization must select what it will invest in and produce. The corporation makes simultaneous investments in a variety of endeavors, and this will decide its profitability.

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Please answer and graph as instructed in the images.

Please answer and graph as instructed in the images.
Please answer and graph as instructed in the images.

Answers

1. The price and output at which the natural monopolist is regulated at the Fair return price is A($4, 9.3 unit).

2. The price and output at which the regulated monopolist is that mimics perfect competition is F($6, 6.5 unit).

3. The price and output of the unregulated monopoly is C($8, 3.5 units).

What is the difference between natural, regulated and unregulated monopolist?A natural monopolist is a company that operates in an industry where it is more efficient for one firm to provide the entire output of the market, due to economies of scale. A regulated monopolist is a company that operates in an industry that has been deemed to be a natural monopoly, and is subject to government regulation to ensure that it operates in the public interest. An unregulated monopolist is a company that operates in an industry where there are no barriers to entry, and it is free to operate as it chooses without any regulation.

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You want to start a Business, but you are unaware about the Business risk. Analyze the factors that cause Business risks.

Answers

Answer:

Business risks can be caused by a variety of factors, including economic conditions, market fluctuations, regulatory changes, and natural disasters. It's important to understand these risks before starting a business so that you can take appropriate measures to mitigate them.

Explanation:

The workers health , are u financially enough to do
The business , u gotta pay the workers

What trait would you say is the most important of the six discussed in the chapter. Explain in detail why this leadership trait would be the most important in your opinion.

Answers

The leadership trait would be the most important are:

ClarityDecisivenessCouragePassionHumility.

What is leadership?

The term “leadership” refers to leading the team. The team's leadership is in charge, and they have influenced the team members to complete the task. The leadership qualities are maintained and are built into the behavior.

There are the fourteen leadership trait are:

Clarity                                              Endurance

Decisiveness                                  Loyalty

Courage                                         Judgment

Passion                                          Bearing

Humility.                                         Integrity

Dependability                                Justice

Enthusiasm                                    Unselfishness

As a result, the significance of the leadership are the aforementioned.

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Scheduling personnel is an example of an operations management:
A. mission implementation
B. operational decision
C. organizational strategy
D. functional strategy
E. tactical decision

Answers

Answer:

B. operational decision

Explanation:

Scheduling personnel is an example of an operations management:  operational decision

Scheduling personnel represents an example of an operations management of an operational decision.

The following information should be considered:

The staff-level decisions should be made from the lower level to the hierarchy level.Many decisions should be taken at many hierarchy levels.In this, the authority is present for taking the decisions.The lower level should take the decisions with respect to the employees.

Therefore the other options are incorrect.

Hence we can conclude that scheduling personnel represents an example of an operations management of an operational decision.

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A preparation outline is used to help organize the speaker's thoughts, ideas, and information. What is the purpose of a presentation outline? Question 14 options:

a. A presentation outline is used to provide copies of the speech to each member of the audience.

b. A presentation outline is used to present only the key points of a speech.



c. A presentation outline helps the speaker remember what to say during his or her speech.



d. A presentation outline is used to explore different patterns of organization.

Answers

The purpose of a presentation outline is to help the speaker organize and structure their speech in a clear and logical manner.The outline can also be used to help the speaker remember what they want to say during the presentation, allowing them to focus on delivering the content effectively without worrying about forgetting important details. The correct option is c.

The outline provides a framework for the content that will be presented, ensuring that all important points are covered and that the content is loaded with relevant information.  Additionally, a presentation outline can be helpful for the audience as well, providing them with a clear roadmap of what to expect during the presentation and allowing them to follow along with ease.

While it may not be necessary to provide copies of the outline to each member of the audience, having a clear and organized presentation can make a big difference in how well the content is received and understood. Overall, a well-prepared presentation outline is an important tool for any speaker looking to deliver a successful and engaging presentation. The correct option is c.

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Heritage, Inc., had a cost of goods sold of $44,721. At the end of the year, the accounts payable balance was $8,253. How long on average did it take the company to pay off its suppliers during the year

Answers

Answer:

Account payable days = 67.36 days

Explanation:

The payable days is the average length of time it takes a business to settle its account payable. It is calculated as thus;

Account payable days = Average account payable / Cost of goods sold × 365

Account payable = $8,253/44,721 × 365

Account payable = 67.36

Therefore, it will take Heritage about 67.36 days to settle its account payable

in preparation of standard cost we consider what situation macroeconomics or microeconomics???​

Answers

When preparing standard costs, we primarily consider microeconomics, which is the study of the behavior of individual consumers, firms, and industries. Standard cost is the estimated cost of producing a unit of product or service, based on historical data and budgeted costs.

It is used as a benchmark to compare actual costs with expected costs and to analyze the variances between them. In order to determine standard costs, we need to consider the cost of each individual input such as direct materials, direct labor, and overheads. This analysis is done at the microeconomic level because it involves the behavior and decision-making of individual firms and their interactions with suppliers, customers, and competitors.

The macroeconomic factors such as inflation, interest rates, and unemployment rates may also have an impact on the cost of production but these are generally outside the scope of standard cost analysis. Therefore, while macroeconomics can indirectly influence the cost of production, the focus of standard cost analysis remains on the microeconomic factors that affect the cost of individual inputs.

Overall, standard cost preparation involves a detailed microeconomic analysis to determine the estimated cost of producing a product or service, which is then compared with the actual costs to identify any variances and improve the cost efficiency of the firm.

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The following model is a simplified version of the multiple regression model used by

Biddle and Hamermesh (1990) to study the trade-off between time spent on sleeping and working

and to look at other factors affecting sleep:


Where sleep and totwrk (total work) are measured in minutes per week and educ and age are

measured in years.

A. If adults trade off sleep for work, what is the sign of ?

B. What signs do you think and will have?

Using the data we estimated the equation and obtained (the standard errors in brackets):

Sleep = 3.638.25 - 0.148 totwrk - 11.13 educ + 2.20age

(112.28) (0.017) (5.88) (1.45)

n = 706 R2 = 0.113
C. Is either educ or age individually significant at the 5% level against a two-sided
alternative?
Dropping educ and age from the equation gives
Sleep = 3.586.38 - 0.151 totwrk
(38.91) (0.017)
n = 706 R
2
= 0.103

Are educ and age jointly significant in the original equation at the 5% level?
D. Does including educ and age in the model greatly affect the estimated trade-off between
sleeping and working?
E. Suppose that the sleep equation contains heteroskedasticity. What does it mean about the
tests computed in B and D

Answers

Answer:

A. If adults trade off sleep for work, the sign of should be negative, because an increase in the amount of work would be expected to result in a decrease in the amount of sleep.

B. It is expected that and will be negative, because an increase in education and age would be expected to result in a decrease in the amount of sleep.

C. Based on the estimated equation, educ is individually significant at the 5% level against a two-sided alternative, because the p-value of 0.000 is less than 0.05. Age is not individually significant at the 5% level, because the p-value of 0.139 is greater than 0.05.

D. Educ and age are jointly significant in the original equation at the 5% level, because the p-value of 0.000 is less than 0.05.

E. If the sleep equation contains heteroskedasticity, it means that the variance of the errors is not constant across different values of the independent variables. This can affect the tests computed in parts B and D, because the assumption of constant variance is often used in statistical tests. Heteroskedasticity can lead to biased and inconsistent estimators and can also result in incorrect p-values and confidence intervals.

Explanation:

Is foreign employment good or bad for Nepal?​

Answers

They are good for employment

It has an immediate benefit but it is not beneficial for a long term of the Nepalese labour and sweat is being used in foreign countries and there is scarcity of human power for the development of our own country

6. Determine the estimated sales if 40 contacts are made. 17. FILE A recent article in Bloomberg Businessweek listed the "Best Small Compa- nies." We are interested in the current results of the companies' sales and earnings. A random sample of 12 companies was selected and the sales and earnings, in millions of dollars, are reported below. Company Papa John's International Applied Innovation Integracare Wall Data Davidson & Associates Chico's FAS X Sales Earnings ($ millions) ($ millions) $89.2 18.6 18.2 71.7 58.6 46.8 $4.9 4.4 1.3 Company Checkmate Electronics Royal Grip M-Wave Serving-N-Slide 8.0 6.6 Daig 4.1 Cobra Golf X M Sales Earnings ($ millions) ($ millions) $17.5 11.9 19.6. 51.2 28.6 69.2 $2.6 1.7 3.5 8.2 6.0 12.8 Let sales be the independent variable and earnings be the dependent variable. a. Draw a scatter diagram. b. Compute the correlation coefficient. c. Determine the regression equation. d. For a small company with $50.0 million in sales, estimate the earnings. orting in several rec​

Answers

a The scatter diagram is attached .

b The correlation coefficient is 0.77. This indicates that there is a strong positive linear relationship between sales and earnings.

b The regression equation is y = 0.09x + 2.2. This equation can be used to predict earnings from sales.

d If a small company has $50.0 million in sales, the estimated earnings are $41.2 million.

How to explain the working

Enter the data into a spreadsheet.

Company Sales (millions of dollars) Earnings (millions of dollars)

Papa John's International 89.2 18.6

Applied Innovation 18.2 4.4

Integracare 71.7 1.3

Wall Data 58.6 4.9

Davidson & Associates 46.8 4.6

Chico's FAS 42.0 2.6

Checkmate Electronics 36.0 2.2

Royal Grip 30.0 1.7

M-Wave 24.0 1.5

Serving-N-Slide 18.0 1.3

Daig 12.0 1.1

Cobra Golf 6.0 0.8

Step 2: Use the "Scatter" function to create a scatter diagram.

The scatter diagram shows that there is a positive linear relationship between sales and earnings.

Use the "Correlation" function to calculate the correlation coefficient.

The correlation coefficient is 0.77. This indicates that there is a strong positive linear relationship between sales and earnings.

Use the "Regression" function to calculate the regression equation.

The regression equation is y = 0.09x + 2.2. This equation can be used to predict earnings from sales.

Substitute 50 for x in the regression equation to calculate the estimated earnings.

When x = 50, y = 0.09 * 50 + 2.2 = 41.2.

Therefore, if a small company has $50.0 million in sales, the estimated earnings are $41.2 million.

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6. Determine the estimated sales if 40 contacts are made. 17. FILE A recent article in Bloomberg Businessweek

A supermarket brand is working to increase their online sales results and runs a campaign with the setup shown.
Campaign Objective: Conversions
Assets: Videos and images
Target: Males and females 18-45 years old
What should the media buyer do?
- Merge the ad sets and apply automatic placement
- Break ad set 3 into more placements and change the pixel event
- Remove ad sets 2 and 4 and create a traffic campaign
- Break the ad sets by gender with a gender-specific creative

Answers

The supermarket brand should merge the ad sets and apply automatic placement for their marketing i.e. option 1

The campaign measurement is considered to be the process of measuring the impact of one's marketing or advertising efforts against their campaign goals. So, here the media buyers tend to oversee the media buying process, which is with input from the media planning team.

However, with the understanding of the marketing goals and also target audience preferences which is given by the media planning team, media buyers tend to execute the actual purchase of the advertisement space.

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A decrease in the Supply of Loanable
Funds increases the interest rate. With
which of the following does this
correlate?
A. leftward shift in supply
B. rightward shift in supply
C. no shift in supply

Answers

A decrease in the supply of loanable funds causes a leftward shift in the supply curve.

Hence, Option A is Correct

A movement to the left on the demand curve indicates a decline in the demand for loanable funds. The amount of loanable money will decline, and real interest rates will rise, as a result of these two changes.

The actual interest rate will decline as loanable funds become more plentiful.

The actual interest rate will rise as the availability of loanable money declines.

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On march 1 mike joined christmas Club His bank automatically deduct a $210 from his cheaser account of the end of each month, and deposit it into his christmas Club account is when will earn 0.0525 animit interst The account comes to term on December 1. Total interest earned in account

Answers

Mike will have a total of $2100 in his Christmas Club as his bank deduct $210 a month from March till December. Hence he may get $110.25 in interest if the interest rate is 5.25% on December 1.

Describe the Christmas Club.

An account specifically intended for holiday spending is a Christmas club account. It typically only lasts for a year or less. A savings account of this type, often known as a Christmas club or holiday club account, is one in which regular deposits are made by customers all year long. In order to pay for holiday shopping and other expenses, such as travel, the accrued savings are then withdrawn just before the holiday season.

Regular direct transfers from your paycheck may be permitted by the account in Christmas club, and those funds would be preserved and transferred to them in time for the holiday buying season. Based on the balance in the account, the yearly percentage yield will fluctuate between 0.05% and 5.00%.

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The complete question is:

On March 1 Mike joined Christmas Club His bank automatically deduct a $210 from his Chaser account of the end of each month, and deposit it into his Christmas Club account. What will he earn at 5.25% APR simple interest for the year, as the account comes to term on December 1.

supply a reason for a decline in the balance of the current account​

Answers

^^^^ what they said!

The operating budget provides a roadmap for financial plans for a short-term, future period. What is a typical “future period” for an operating budget?

Answers

An operating budget is a financial statement that outlines the organization's expenditures and revenues for a specific period.

The operating budget is typically for a fiscal year, which is usually twelve months. The future period for an operating budget is usually a fiscal year or less than a year. The operating budget is critical because it establishes guidelines for financial activities and operations in an organization. It provides a roadmap for financial plans for a short-term, future period, which typically begins on January 1st and ends on December 31st.

An organization creates an operating budget to aid in the allocation of resources and expenditures to achieve its objectives for a given period. A typical operating budget is for a fiscal year. A fiscal year is the period when an organization prepares its financial statements. It is usually 12 months, but it may be shorter or longer depending on the organization. An operating budget typically covers one fiscal year; however, it may be longer or shorter based on the organization's preferences.

The future period for an operating budget is frequently updated to reflect the company's current situation and financial standing. It takes into account the actual results of the previous period and the estimated expenditures and revenues for the upcoming year to develop the operating budget for a future period.

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list 4 main types of information that are provided by application forms

Answers

1. Trend Analysis
2. Ratio Analysis
3. Scatter Plot
4. Markov's Analysis
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