What is the relationship between insurance and successful financial management Why is insurance important?

What is the relationship between insurance and successful financial management Why is insurance important?
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In connection with the examination of financial statements, an independent auditor could be responsible for failure to detect a material fraud if a. Accountants performing important parts of the work failed to discover a close relationship between the treasurer and the cashier. b. The auditor planned the work in a hasty and inefficient manner. c. Statistical sampling techniques were not used on the audit engagement. d. The fraud was perpetrated by one client employee, who circumvented the existing internal control

Description : In connection with the examination of financial statements, an independent auditor could be responsible for failure to detect a material fraud if a. Accountants performing important parts of the ... . The fraud was perpetrated by one client employee, who circumvented the existing internal control

Last Answer : The auditor planned the work in a hasty and inefficient manner.

Transactions with related parties are important to the auditors because they will be disclosed in the financial statements if material. Generally accepted accounting principles would not require disclosure of a. Loans to officers during the year which had been repaid before the balance sheet date. b. The nature of the related-party relationship. c. A description of transactions, including peso amounts. d. The amounts due from and to related parties

Description : Transactions with related parties are important to the auditors because they will be disclosed in the financial statements if material. Generally accepted accounting principles would not require disclosure of ... transactions, including peso amounts. d. The amounts due from and to related parties

Last Answer : Loans to officers during the year which had been repaid before the balance sheet date

A successful inclusive growth strategy includes a. Equal opportunitiesb. Financial inclusionc. equityd. all the above

Description : A successful inclusive growth strategy includes a. Equal opportunities b. Financial inclusion c. equity d. all the above

Last Answer : : d. all the above Inclusive growth strategy involves all the sections of the society.

How long did you wait after a major break up to get seriously involved with another person, and how successful was that new relationship? (In terms of duration and happiness)

Description : How long did you wait after a major break up to get seriously involved with another person, and how successful was that new relationship? (In terms of duration and happiness)

Last Answer : Depends. There isn't really answer that can put something like this in a perfect little package. Every person and every relationship is totally different. My first girlfriend took a long time for me ... finding enough change in my dirty laundry to ride the bus to the library and meet someone there.

Relationships seem to be important to marketing given the current emphasis on terms like relationship marketing, loyalty management, and customer relationship management. Critically discuss?

Description : Relationships seem to be important to marketing given the current emphasis on terms like relationship marketing, loyalty management, and customer relationship management. Critically discuss?

Last Answer : Classificatory systems are generally and erroneously understood to be those that "class together" with a single term relatives who actually do not have the same type of relationship to ego. (What defines "same type of relationship" under such definitions seems to be genealogical relationship

What are some successful methods of weight loss management?

Description : What are some successful methods of weight loss management?

Last Answer : There are some research products available at the market place(weight management supplements) and clinically proved, which significantly reduces the body weight and increases the metabolism

Thrombolytic therapy has become a useful adjunct in the management of peripheral arterial occlusion. In this setting, direct intraarterial administration rather than intravenous has been advocated to decrease the risk of systemic bleeding. Which of the following true statement(s) concerning the use of thrombolytic agents for arterial occlusion is/are true? a. A standard technique involves infusing high-dose urokinase, 4000 units per minute for 1–2 hours, directly into the clot by a catheter embedded in the thrombus b. If progress is made, further fibrinolytic therapy is given at 1000 to 2000 units per minute until clot lysis has occurred c. The usual infusion time by the above-stated technique is usually in excess of 24 hours d. Successful clot lysis occurs more frequently in arterial graf

Description : Thrombolytic therapy has become a useful adjunct in the management of peripheral arterial occlusion. In this setting, direct intraarterial administration rather than intravenous has been advocated ... may be indicated for situations where complete clot evacuation cannot be accomplished surgically

Last Answer : Answer: a, b, e The most popular method for intraarterial thrombolytic therapy for arterial occlusion involves passing a guidewire through the thrombus with arteriographic guidance and ... acute arterial occlusion) or when distal vasculative is occluded and precludes appropriate inflow patency

Which one of the following best defines a benefit? a. A positive result of stakeholder management. b. The successful management of a project. c. An improvement resulting from project deliverables. d. The successful delivery of project reports and updates.

Description : Which one of the following best defines a benefit? a. A positive result of stakeholder management. b. The successful management of a project. c. An improvement resulting from project deliverables. d. The successful delivery of project reports and updates.

Last Answer : c. An improvement resulting from project deliverables.

The successful project managers spend most of their time: A. Planning with their personnel B. Planning with the top management C. Communication with the project team (Ans.) D. Studying project results

Description : The successful project managers spend most of their time:  A. Planning with their personnel  B. Planning with the top management  C. Communication with the project team (Ans.)  D. Studying project results

Last Answer : C. Communication with the project team (Ans.)

Which one of the following best defines a benefit? a. A positive result of stakeholder management. b. The successful management of a project. c. An improvement resulting from project deliverables. d. The successful delivery of project reports and updates.

Description : Which one of the following best defines a benefit?  a. A positive result of stakeholder management.  b. The successful management of a project.  c. An improvement resulting from project deliverables. d. The successful delivery of project reports and updates.

Last Answer : c. An improvement resulting from project deliverables.

The most successful project manager usually:1. works their way up from assistants in the project office to full-fledged project managers, supplementing that experience with formal education. 2. Comes right from Harvard's MBA program into managing very large projects. 3. Is considered the technical expert of their field. 4. Has considerable experience as a functional manager before moving into the project management arena.

Description : The most successful project manager usually: 1. works their way up from assistants in the project office to full-fledged project managers,  supplementing that experience with formal ... . Has considerable experience as a functional manager before moving into the project  management arena.

Last Answer : 1. works their way up from assistants in the project office to full-fledged project managers,  supplementing that experience

The successful project managers spend most of their time: 1. Planning with their personnel 2. Planning with the top management 3. Communication with the project team 4. Studying project results.

Description : The successful project managers spend most of their time: 1. Planning with their personnel  2. Planning with the top management  3. Communication with the project team  4. Studying project results.

Last Answer : 3. Communication with the project team

During a merger and acquisition transaction, the ability to find and use good comparable data for a valuation is relatively ____________. a) easy because each successful company within an industry uses the same ratios b) easy because public stock price fluctuation is not sufficient or erratic enough to make a difference c) difficult because book value is adjusted in small companies as FIFO is the method of choice and in public companies’ book value is static due to LIFO d) difficult because size differential, management depth, product diversity and access to lines of credit seldom match the company being valued

Description : During a merger and acquisition transaction, the ability to find and use good comparable data for a valuation is relatively ____________. a) easy because each successful company within an industry ... depth, product diversity and access to lines of credit seldom match the company being valued

Last Answer : d) difficult because size differential, management depth, product diversity and access to lines of credit seldom match the company being valued

Personal characteristics to be a successful entrepreneur include A. Understanding environment B. Creating management options C. Encourage open discussion D. All of the above

Description : Personal characteristics to be a successful entrepreneur include A. Understanding environment B. Creating management options C. Encourage open discussion D. All of the above

Last Answer : D. All of the above

__________ refers to the co -ordination of internal exchanges between the organisation and its employees to better achieve successful external exchanges between the organisation and its customers. A)Internal management B)Internal leadership C)Empowerment D)Internal marketing E)Total quality management

Description : __________ refers to the co -ordination of internal exchanges between the organisation and its employees to better achieve successful external exchanges between the organisation and its ... Internal management B)Internal leadership C)Empowerment D)Internal marketing E)Total quality management

Last Answer : D)Internal marketing

Successful weed management is based on a). Knowledge on weed biology b). Survey on the nature of weed problem c). Whole farm planning d). Removal of weeds before flowering i. a & b ii. b & d iii. c & d iv. All

Description : Successful weed management is based on a). Knowledge on weed biology b). Survey on the nature of weed problem c). Whole farm planning d). Removal of weeds before flowering i. a & b ii. b & d iii. c & d iv. All

Last Answer : v. All

Production function expresses - (1) technological relationship between physical inputs and output (2) financial relationship between physical inputs and output (3) relationship between finance and technology (4) relationship between factors of production

Description : Production function expresses - (1) technological relationship between physical inputs and output (2) financial relationship between physical inputs and output (3) relationship between finance and technology (4) relationship between factors of production

Last Answer : (1) technological relationship between physical inputs and output Explanation: Production involves transformation of inputs into outputs. The output is a function of input. The functional relationship between ... be produced from any given quantities of various inputs during a given period of time.

Which statement is correct regarding the relationship between internal auditing and the external auditor? a. Some judgments relating to the audit of the financial statements are those of the internal auditor. b. The external audit function's objectives vary according to management's requirements. c. Certain aspects of internal auditing may be useful in determining the nature, timing and extent of external audit procedures. d. The external auditor is responsible for the audit opinion expressed, however that responsibility may be reduced by any use made of internal auditing

Description : Which statement is correct regarding the relationship between internal auditing and the external auditor? a. Some judgments relating to the audit of the financial statements are those of the ... opinion expressed, however that responsibility may be reduced by any use made of internal auditing

Last Answer : Certain aspects of internal auditing may be useful in determining the nature, timing and extent of external audit procedures.

Before continuing the client relationship, the auditor should perform the following except: a. Communicate with the predecessor auditor. b. Evaluate client in case of change of client’s businesc. Evaluate client’s integrity. d. Evaluate financial condition of the cliens

Description : Before continuing the client relationship, the auditor should perform the following except: a. Communicate with the predecessor auditor. b. Evaluate client in case of change of client’s business c. Evaluate client’s integrity. d. Evaluate financial condition of the clien

Last Answer : Communicate with the predecessor auditor

Independent auditors cannot be totally independent a. Because they don’t audit financial statements b. Since they do not possess the CPA license c. As long as employer-employee relationship exists d. Unless their immediate supervisor is a CPA

Description : Independent auditors cannot be totally independent a. Because they don’t audit financial statements b. Since they do not possess the CPA license c. As long as employer-employee relationship exists d. Unless their immediate supervisor is a CPA

Last Answer : As long as employer-employee relationship exists

In financial accounting of a chemical plant, which of the following relationship is invalid? (A) Assets = equities (B) Assets = liabilities + net worth (C) Total income = costs + profits (D) Assets = capital

Description : In financial accounting of a chemical plant, which of the following relationship is invalid? (A) Assets = equities (B) Assets = liabilities + net worth (C) Total income = costs + profits (D) Assets = capital

Last Answer : (D) Assets = capital

Establishing financial security has been identified as a developmental task of which of the following groups? a) Middle adult The middle adult’s tasks also include launching children, and refocusing on one’s marital relationship. b) Older adult The older adult’s tasks include adapting to retirement and declining physical stamina. c) Young adult The young adult’s tasks include establishing a lifestyle and independence. d) Teenager The teenager’s primary developmental tasks include developing an identity and intimacy.

Description : Establishing financial security has been identified as a developmental task of which of the following groups? a) Middle adult The middle adult's tasks also include launching children, and ... . d) Teenager The teenager's primary developmental tasks include developing an identity and intimacy.

Last Answer : a) Middle adult The middle adult’s tasks also include launching children, and refocusing on one’s marital relationship.

Which of the following is not one of the primary concerns in the Finance Department? a. Acquiring the capital needed for company activities. b. Establishing a dividend policy that maximizes the return to shareholders. c. Setting accounts payable and accounts receivable policies. d. Driving the financial structure of the firm, its relationship between debt and equity. e. Deciding promo and sales budget

Description : Which of the following is not one of the primary concerns in the Finance Department? a. Acquiring the capital needed for company activities. b. Establishing a dividend policy that maximizes the ... structure of the firm, its relationship between debt and equity. e. Deciding promo and sales budget

Last Answer : e. Deciding promo and sales budget

Ratio analysis is a study of relationship among various --------------- factors in a business a) Operational b) Official c) Financial d) Others

Description : Ratio analysis is a study of relationship among various --------------- factors in a business a) Operational b) Official c) Financial d) Others

Last Answer : c) Financial

Yard stick which measures relationship between two variables a) Financial statements b) Ratio c) Fund Flow analysis d) Cash flow analysis

Description : Yard stick which measures relationship between two variables a) Financial statements b) Ratio c) Fund Flow analysis d) Cash flow analysis

Last Answer : b) Ratio

Many sophisticated techniques or tolls are useful in decision-making. Which of the following is a tool that helps managers figure out how much to produce and points out the relationship between revenues, costs, and profits? (a) Marginal analysis ; (b) Breakeven analysis ; (c) Ratio analysis ; (d) Financial analysis

Description : Many sophisticated techniques or tolls are useful in decision-making. Which of the following is a tool that helps managers figure out how much to produce and points out the relationship between revenues, ... Marginal analysis ; (b) Breakeven analysis ; (c) Ratio analysis ; (d) Financial analysis

Last Answer : (b) Breakeven analysis ;

Which leaverage shows the relationship between the revenue in the account of sales and the taxable income A. Financial B. Operating C. Combined

Description : Which leaverage shows the relationship between the revenue in the account of sales and the taxable income A. Financial B. Operating C. Combined

Last Answer : Answer: C

Which leaverage helps to examine the relationship between EBIT & EPS A. Operating B. Financial C. Combined

Description : Which leaverage helps to examine the relationship between EBIT & EPS A. Operating B. Financial C. Combined

Last Answer : Answer: B

When a co-worker is blessed with a son and he desires some financial assistance from you, then how would you extend your co-operation to him? Options: A) You just formally ask for any sort of assistance desired by him B) You extend all types of support as you have intimate relationship C) You try to hide your face during this time D) You put forward some lame excuses

Description : When a co-worker is blessed with a son and he desires some financial assistance from you, then how would you extend your co-operation to him? Options: A) You just formally ask for any sort of ... relationship C) You try to hide your face during this time D) You put forward some lame excuses

Last Answer : B) You extend all types of support as you have intimate relationship 

Production function expresses (1) technological relationship between physical inputs and output (2) financial relationship between physical inputs and output (3) relationship between finance and technology (4) relationship between factors of production

Description : Production function expresses (1) technological relationship between physical inputs and output (2) financial relationship between physical inputs and output (3) relationship between finance and technology (4) relationship between factors of production

Last Answer : technological relationship between physical inputs and output

What are the most important things that make a web site successful?

Description : What are the most important things that make a web site successful?

Last Answer : answer:Well, success is definately a function of the content. The usability is the multiplier, and the exponent is the time it has been available. I think it may actually be that simple, ... something similar in form. Advertisement plus a value derived from media attention can be the added value.

Why are theories and research on marriage and family important in our everyday lives They give people complete answers to raise healthy successful families. They use case studies of families that are?

Description : Why are theories and research on marriage and family important in our everyday lives They give people complete answers to raise healthy successful families. They use case studies of families that are?

Last Answer : Need answer

An important requirement for successful transmission system using light ∙ a. Powerful, reliable light source ∙ b. Strong glass ∙ c. Reliable, high cost transmission medium ∙ d. Powerful regenerators

Description : An important requirement for successful transmission system using light ∙ a. Powerful, reliable light source ∙ b. Strong glass ∙ c. Reliable, high cost transmission medium ∙ d. Powerful regenerators

Last Answer : a. Powerful, reliable light source

Looking for a financial assistance solution for my pet injury site's viewers, besides pet insurance. What are some web affiliates for this?

Description : Looking for a financial assistance solution for my pet injury site's viewers, besides pet insurance. What are some web affiliates for this?

Last Answer : Care Credit is the only one my area offers and it sucks. Either you have the money or you put your pet down, that’s your two options.

Do you have experience selling insurance or financial services?

Description : Do you have experience selling insurance or financial services?

Last Answer : You'd have to give more specifics about the job opportunity in order for anyone to give you the kind of advice you're looking for. From what I gather so far, be sure you're careful if this ... for this possible income if it is 100% commission based unless you have a 8+ month emergency savings.

Financial aid for medical bills insurance won't cover or only cover part of?

Description : Financial aid for medical bills insurance won't cover or only cover part of?

Last Answer : I don’t know of any financial aid, per se, but would suggest that you try to see if you can work w/ the billing offices of the facilities you mention to set up payment plans. Often unadvertised, institutions and even private doctors’ offices will work on a case by case basis w/ people.

What is The person who receives financial protection from a life insurance plan is called a what?

Description : What is The person who receives financial protection from a life insurance plan is called a what?

Last Answer : Feel Free to Answer

Does it make financial sense to purchase medical insurance for my dog?

Description : Does it make financial sense to purchase medical insurance for my dog?

Last Answer : It does not make financial sense to purchase medical insurance for your dog. You will rarely need to use the coverage and end up paying more in the long run. To learn more about dog insurance visit www.petinsurance.com/.

National Social Assistance Programme is aimed at providing - (1) financial support to Scheduled Castes and Scheduled Tribes (2) old age pension to very poor (3) insurance for the poor (4) All of the above

Description : National Social Assistance Programme is aimed at providing - (1) financial support to Scheduled Castes and Scheduled Tribes (2) old age pension to very poor (3) insurance for the poor (4) All of the above

Last Answer : (2) old age pension to very poor Explanation: The National Social Assistance Scheme (NSAS) or National Social Assistance Programme (NSAP) is a flagship welfare programme of the Government of India ... and in other cases of undeserved want within the limit of its economic capacity and development.

Max Life and Max Financial Services have entered into merger agreement with which of the following insurance company? A) Oriental Insurance Company B) ICICI Prudential Life Insurance Co. Ltd C) HDFC Standard Life D) Tata AIG general Insurance E) Birla Sun Life Insurance

Description : Max Life and Max Financial Services have entered into merger agreement with which of the following insurance company? A) Oriental Insurance Company B) ICICI Prudential Life Insurance Co. Ltd C) HDFC Standard Life D) Tata AIG general Insurance E) Birla Sun Life Insurance

Last Answer : C) HDFC Standard Life Explanation: HDFC Standard Life and Max Life and Max Financial Services are entered into merger agreement that will create the largest private player in India s insurance ... lakh crore. A combination of the entities would be overtaking ICICI Prudential Life Insurance Co. Ltd

Which of the following has/have received „certificate of registration‟ from insurance regulator IRDAI to commence insurance business in the country? A) Sahayog Microfinance Ltd B) Aditya Birla group C) Edelweiss Financial Services D) Both A and B E) Both B and C

Description : Which of the following has/have received „certificate of registration‟ from insurance regulator IRDAI to commence insurance business in the country? A) Sahayog Microfinance Ltd B) Aditya Birla group C) Edelweiss Financial Services D) Both A and B E) Both B and C

Last Answer : E) Both B and C Explanation: Aditya Birla Health Insurance Co today said it has received ‗certificate of registration from regulator Irda, moving a step closer to commencing business. ... General Insurance Company in India, filed by Edelweiss General Insurance Company, a wholly owned subsidiary.

A financial contract that derives its value from another asset or an index of asset values is known as __________ A. Insurance Policy B. Security C. Derivative D. Share E. None of the above

Description : A financial contract that derives its value from another asset or an index of asset values is known as __________ A. Insurance Policy B. Security C. Derivative D. Share E. None of the above

Last Answer : C. Derivative Explanation: In finance, a derivative is a contract that derives its value from the performance of an underlying entity.

Which of the following can be provided by small finance banks A. Mutual Funds B. Insurance Products C. Third Party financial products D. All of the Above E. None of the Above

Description : Which of the following can be provided by small finance banks A. Mutual Funds B. Insurance Products C. Third Party financial products D. All of the Above E. None of the Above

Last Answer : D. All of the Above Explanation: Small finance banks can distribute mutual funds, insurance products and other simple third-party financial products.

Which of the following is not a financial service under the Insolvency and Bankruptcy Code, 2016? a) Accepting of deposits b) Effecting contracts of insurance c) Payment of wages to employees d) Establishing an investment scheme

Description : Which of the following is not a financial service under the Insolvency and Bankruptcy Code, 2016? a) Accepting of deposits b) Effecting contracts of insurance c) Payment of wages to employees d) Establishing an investment scheme

Last Answer : c) Payment of wages to employees

National Social Assistance Programme is aimed at providing (1) financial support to Scheduled Castes and Scheduled Tribes (2) old age pension to very poor (3) insurance for the poor (4) All of the above

Description : National Social Assistance Programme is aimed at providing (1) financial support to Scheduled Castes and Scheduled Tribes (2) old age pension to very poor (3) insurance for the poor (4) All of the above

Last Answer : old age pension to very poor

How can we improve our financial management skills?

Description : How can we improve our financial management skills?

Last Answer : Improving financial management skills requires learning to budget, save, and invest wisely. Solutions include taking classes, reading books, and seeking out financial advice.

Do you think personal financial management should be a required subject in high school?

Description : Do you think personal financial management should be a required subject in high school?

Last Answer : answer:We used to call that home economics, and they always seemed to work in this Perfect world scenario. In their world, you get paid and ⅓ goes to rent automatically. Then they expect you to ... how much I will spend in clothes the upcoming year, I really wonder what world they are living in.

Similarities between cost, financial and management accounting?

Description : Similarities between cost, financial and management accounting?

Last Answer : A chart of accounts provides a listing

Financial statements are an effective weapon in the hands of management.

Description : Financial statements are an effective weapon in the hands of management.

Last Answer : State whether the following statement are true or false with reason : Financial statements are an effective weapon in the hands of management.