International foods corporation insures its real and personal property, as well as the lives of its key employees, to protect its financial interest should some event undermine its security. this is:____.
Food Security
What is meant by food security ?
According to the Committee on World Food Security of the United Nations, food security is the state in which all people, at all times, have physical, social, and economic access to enough, safe, and nourishing food that satisfies their dietary needs and food preferences for an active and healthy life.
International Foods Corporation insures its real estate, personal belongings, and the lives of its key personnel in order to safeguard its financial interests in the event that something were to compromise its security. Food security is this.
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Answer:
True.
Explanation:
Financial accounting is an accounting technique used for analyzing, summarizing and reporting of financial transactions like sales costs, purchase costs, payables and receivables of an organization using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP) and financial accounting standards board (FASB).
Thus, it is a field of accounting involving specific processes such as recording, summarizing, analysis and reporting of financial transactions with respect to business operations over a specific period of time. Financial experts or accountant uses either the cash basis or accrual basis of accounting.
An account can be defined as a formal and individual record of the financial transactions of a person, business firm, goods, assets, liability, etc.
All the transactions with respect to a particular item such as income, expenses, assets, liability, etc., are recorded in its account.
In general, accounts are split or divided into two main categories and these includes;
I. Personal Accounts
II. Impersonal Accounts.
It effects the economy because that's another car that is having to take up oil and is another step to wasting natural resoources. Also the cars fumes pollute the air and everywhere around us.
Answer:
very confused but okayyyy
Premium is often paid by people based on some kinds of services offered.
From the picture attached, we can see Royce' premiums for the previous year, which were;
- Bodily injury $22.50
- Property damage $144.75
- Collision $275.75
- Comprehensive $100
If you add all together, the total premium of the policy was $543
Note that the premiums will increase by 5.2%,
therefore, the new total premium will be = $543 x 1.052 = $571.24
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