Charging formula - Study guides, Class notes & Summaries

Revenue Management Final | with latest questions This formula represents a buyers view of a sales transaction? - Perceived Value-Selling Price=Personal Profit Effective revenue managers use this to best develop and evaluate their organizations pricing and revenue management strategies and tactics. - Regular Strategy meetings A pricing system based upon a buyers view of product or service value - Value-based pricing Included in the Place portion of a hotel's markieting mix - Distributi...

NOCTI Questions With Correct Answers Latest 2024/2025 (GRADED) How much does one gallon of water weigh? - Answer- 8.3 pounds Nonferrous metals does not contain any - Answer- iron Which of the following is a ferrous metal? - Answer- mild steel Properties of common ______________ materials are divided into the following categories: physical, mechanical, thermal, electric, and acoustic - Answer- solid Tensile strength is the resistance a metal has to being pulled apart - AnswerA typical form o...

Accumulated Depresciation - The total decrease in an item's value over a period of time. Formula: (Annual Depreciation x Number of years used) Actual Cash Value (ACV) - An item's current market value right before being damaged or destroyed. Formula: (Replacement Cost-Accumulated Depreciation) Adhesion - One of the characteristics of an insurance contract. One party sets the terms and the other party can "take it or leave". Adjusted Gross Revenue (Crop Insurance) - Na...

D023 School Financial Leadership 130 CORRECTLY ANSWERED QUESTIONS LATEST UPDATE School funding from origination to today's schools has shifted from being almost entirely locally funded to being a more equal responsibility between the local and state governments, with only a limited amount of federal support. Funding for public schools is directly addressed in which document? What type of federal aid is provided by the Elementary and Secondary Education Act (ESEA) reauthorization of 2001 (Tit...

Accumulated Depresciation - Answers The total decrease in an item's value over a period of time. Formula: (Annual Depreciation x Number of years used) Actual Cash Value (ACV) - Answers An item's current market value right before being damaged or destroyed. Formula: (Replacement Cost-Accumulated Depreciation) Adhesion - Answers One of the characteristics of an insurance contract. One party sets the terms and the other party can "take it or leave". Adjusted Gross Revenue (Crop Ins...

ALABAMA ADJUSTERS LICENSE EXAM 2024| 370 ACTUAL EXAM QUESTIONS AND CORRECT DETAILED ANSWERS Accident Insurance - ANSWER>>Covers expenses associated with a covered accident and can extend to ambulance and emergency room expenses, intensive care, and hospital costs. Accident insurance also provides for loss of income, and a death benefit if injuries prove fatal Accumulated Depreciation - ANSWER>>The total decrease in an item's value over a period of time. Formula: (ann...

Flocculants increase particle size less effectively than electrolytes or cogulants - correct answer F Finer particles are more difficult to dewater than larger particles due to their large surface area - correct answer T 80% - 200 mesh means that 80% of the material is coarser than 200 mesh - correct answer F The role of frothers in flotation is to...

adverse selection - Occurs when high risk individuals, that is, people who are more likely to use many health services, enroll in health insurance plans in greater numbers, compared to people who are healthy *When adverse selection occurs, premiums have to be raised for everyone adjusted community rating - AKA "modified community rating" *Overcomes the drawbacks of experience rating and pure community rating *Under this method, price differences take into account demographic fa...

Texas All Lines Adjuster Test 2023 With verified solutions Accumulated Depreciation - CORRECT ANS The total decrease in an item's value over a period of time. Formula: (Annual Depreciation x Number of years used) Acreage Reporting Date - CORRECT ANS The deadline for providing the insurer with an acreage report, which is used to determine the amount of coverage needed and the premium charged for a particular crop. Actual Cash Value (ACV) - CORRECT ANS A valuation method used by insure...

Someone who is eligible to become a Consultant if he or she has how many years of related experience? - Answer At least 3 years of experience in the last 4 years What is a fiduciary? - Answer Someone who is trusted with someone else's money What level of education does someone need to become a licensed insurance producer in Utah? - Answer No education is required What type of agreement does UT have with other states that allows a non-resident licensed producer to obtain a Utah license ...