User Account

All Pages

Which the unearned profit from a group of insurance contract

Assignment Help Accounting Basics
Reference no: EM132756912

Problem 1: The "premium allocation approach", cannot be applied to which of the following insurance contracts?

a) insurance contracts issued

b) reinsurance contracts issued

c) reinsurance contracts held

d) insurance contracts with significant variability in their fulfillment cash flows.

Problem 2: The unearned profit from a group of insurance contracts is referred to under PFRS #17 as...

a) fulfillment cash flows                c) onerous contracts

b) contractual service margin        d) discretionary participation feature.

Reference no: EM132756912

Questions Cloud

Find the present value ratio of the new production equipment : The new equipment will have a five-year life and cost $390,000, Find the present value ratio of the new production equipment
Risk monitoring and control activities : What key activities do you/ could you put into place on your project to ensure "risk monitoring and control" activities occur?
How much total revenue shall be reported in t co statement : operations while M Co., reports revenue of P400,000. How much total revenue shall be reported in T Co.'s statement of profit or loss for the year?
Surprising number of video games with office politics theme : Just as office politics is a common theme in movies and TV, there are a surprising number of video games with an office politics theme.
Which the unearned profit from a group of insurance contract : Which the unearned profit from a group of insurance contracts is referred to under PFRS #17? discretionary participation feature.
Examine the M-M theory on dividends : Explain the information content in in dividend announcements. Is this considered a market anomaly? Examine the M & M theory on dividends
How does entity b account for the insurance contract ceded : How does entity B account for the insurance contract ceded to entity C? 73 Entity A, a manufacturing company, obtains insurance against product liability
What are the disadvantages of using secondary data : A tremendous amount of research is conducted each year through secondary analysis. What is secondary analysis and what are the advantages and disadvantages.
What are some tentative conclusions : While investigativing a gas retailer, you compute the following ratios: Profit before taxes 0.61%. What are some tentative conclusions

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd