Direct vs indirect loss - Study guides, Class notes & Summaries

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Corporate Finance ECON 101 Exam 2 |Question and Answers| sole proprietorship *Ans* 1 owner, owner receives all the profits, unlimited liab., 2 parts: 1. initial investment and 2. personal wealth. Taxed based on personal income. Transfer of ownership is hard. Must be willing to buy all assets. partnership *Ans* 2 or more owners. profit is based on % invested shared. Unlimited liab. between owners. Tax based on personal income. hard to transfer ownership. limited partnership *Ans* same ...

Revised Corporate Finance Exam Guide [100% Correct Answers] sole proprietorship *Ans* 1 owner, owner receives all the profits, unlimited liab., 2 parts: 1. initial investment and 2. personal wealth. Taxed based on personal income. Transfer of ownership is hard. Must be willing to buy all assets. partnership *Ans* 2 or more owners. profit is based on % invested shared. Unlimited liab. between owners. Tax based on personal income. hard to transfer ownership. limited partnership *Ans* sa...

Accounting Crash Course Exam V4 Wall Street Prep Exam Questions with complete Answers | Latest Updated 2024/2025 | Graded A+. What is Accounting?: Accounting is the language of business; it is a standard set of rules for measuring a company's financial performance. Assessing a company's financial performance is important for: The firm's officers (managers and employees) Investors Lenders General public Standard financial statements serve as a "yardstick" of communicating financial p...

Operating activities the cash activities that create revenues or expenses in the entity's major line of business Inflows: -cash collected from customers -dividends received -interest received Outflows: -cash paid to suppliers -cash paid to employees -cash paid for interest -cash paid for income taxes Operating activities indirect method use formula Operating activities direct method use t-accounts Investing activities the cash activities that increase or decrease the long-term assets avail...

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Insurance - ANSWERTransfer of risk form a person or business to an insurer Loss - ANSWERuncertainty/possibility of a loss Speculative vs pure risk - ANSWERSpeculative - chance of loss or gain Pure - only chance of loss Exposure - ANSWERrisks for which the insurance company would be liable Peril - ANSWERcause of loss Direct vs Indirect loss - ANSWERDirect - physical loss Indirect - consequence of the direct loss (having to pay for a hotel if house burns down) Hazard (3 types) ...

CIPS L4M2 Defining Business Need Exam Questions With 100% Correct Answers Fixed Cost (FC) Costs that remain the same irrespective of business activity or volume Variable Cost (VC) Costs that vary with the level of output Market Factors Objectives Drivers Governance Ownership Commodity or Non-Commodity Break-Even Point (BEP) When total costs are equivalent to sales revenue (after this, it is profit) Solving a Problem SCAMPER Substitute Combine Adapt Modify Put to other uses E...

CNSC Exam Verified 100% Correct!! Half life of albumin and pre-albumin - Answer Albumin: 14-20 days Prealbumin: 2-3 days List negative acute phase proteins - Answer Prealbumin Albumin Transferrin Retinol-binding protein (decreased in inflammation) List positive acute-phase proteins - Answer Cytokines CRP (c-reactive protein) Define sarcopenia - Answer Age-related muscle mass Cachexia - Answer Loss of muscle mass, irrespective of adipose tissue changes (not responsive to nutrition in...