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What are the life policy ancillary benefits?
Ancillary benefits are the ambulance transportation expenses, blood, medical supplies and drugs. These are usually layered on top of major medical coverage of an insurance policy.
What is the purpose of back-dating in insurance?
Have the policy dated to have "save the ratable age" of the insured.
Definition of non-financial information?
Non-financial information comprises all quantitative and qualitative data on the policy pursued, the business operations and the results of policy in form of outcome, without a direct link with financial registration system. It refers to information that falls outside the scope of mainstream financial statements.It is a basis of providing direction. It does not have direct financial impact. Sometimes non-financial information could refer to social accounting, corporate social responsibility (CSR), environmental reporting, sustainability, service performance reporting and etc.
Which one of the following sources would you use to determine the Accounting Requirements Code ARC?
To determine the Accounting Requirements Code (ARC), you would typically refer to the relevant financial management regulations or guidelines provided by the organization overseeing the accounting practices. This could include official government publications, internal financial policy documents, or specific accounting manuals that outline the coding system. Additionally, consulting with the organization's financial department or accounting professionals can provide clarity on the specific ARC applicable to your situation.
What is the role of the accounting department?
The Accounting Department's mission is to create, debate and disseminate knowledge about the measurement and communication of financial and non-financial information that will inform our students, alumni, managers and capital market participants and facilitate rational financial, economic and policy decisions.
What is the deciding financial policy?
The deciding financial policy refers to the framework or set of principles that guide an organization's financial decision-making process. It typically includes guidelines on budgeting, investing, borrowing, and overall financial management to ensure the organization's financial stability and success. The policy is designed to align with the organization's goals and objectives while adhering to regulatory requirements and best practices in financial management.
What is a financial policy?
A financial policy is a set of guidelines and principles that govern an organization's financial management practices. It outlines how financial resources are allocated, managed, and monitored to achieve the organization's objectives. This policy typically covers areas such as budgeting, investment strategies, risk management, and compliance with legal and regulatory requirements. By establishing clear financial policies, organizations can ensure transparency, accountability, and effective use of funds.
What is the purpose of insurance?
An insurance policy is a contract of Indemnity. It is a means of transferring risk of financial loss and or financial liability to another party, Namely the insurance company.
We were visiting my mother-in-law and my wife tripped over my dog and broke her elbow will my own homeowners insurance help pay the medical bills?
You have an insurance policy which explicitly spells out what is insured and what kinds of claims you can make, so you might want to read your policy, but I can tell you that the purpose of homeowner's insurance is to protect you from financial loss resulting from damage to, or theft of the property in your home; it is not medical insurance and does not pay medical bills of whatever sort.
What the are purpose of foreign policy?
Purpose of foreign policy
Does Medical cover basic hospital expense coverage?
There are many, many different types of medical insurance. Each policy specifies what it will cover, the extent of coverage and for what purpose.
What was the purpose of the national policy?
the purpose of the national policy was to streghten canada.
Is the purpose for life insurance to provide protection against financial loses?
Life insurance policy covers protection against loss of lives only and not against any financial losses incurred whatsoever.
Why might a medical assistant purchase a profession liability insurance policy separate from the employer's policy?
A medical assistant might purchase a professional liability insurance policy separate from the employer's policy to ensure personal coverage in case of a lawsuit or claim that may not be fully covered by the employer's policy. This can provide additional financial protection for legal fees, settlements, or judgments arising from their own actions or negligence. Additionally, having individual coverage can safeguard the medical assistant's personal assets and professional reputation, especially in cases where the employer's policy might have limitations or exclusions.
What is the purpose of the monetary policy?
The purpose of the International monetary policy is tho survey the global economy.
What is the purpose of the US Treasury department?
The U.S. Treasury Department is responsible for managing the federal government's finances, including the collection of taxes, the issuance of currency, and the management of federal debt. It plays a crucial role in formulating economic policy, overseeing financial institutions, and enforcing financial sanctions. Additionally, the Treasury works to promote economic stability and growth through fiscal policy and regulatory oversight. Its overall purpose is to ensure the financial security and economic health of the nation.
What is the purpose of an international monetary policy?
The purpose of the International monetary policy is tho survey the global economy.
