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The economic life of an enterprise is split into periodic intervals as per the periodicity concept. This concept states that each accounting period has an economic activity associated with it, and that the activity can be measured, accounted for, and reported upon. The periodicity concept is important because it allows businesses to track their financial performance over time. By splitting the economic life of an enterprise into periodic intervals, businesses can identify trends, patterns, and areas for improvement.
Under which type of plans, an insurance that provides coverage at a fixed rate of payments for a limited period of time is called?
The General Insurance Business in India was nationalized in which year?
This broad type of coverage was developed for shipments that do not involve ocean transport is known as?
A section of the risk-based capital formula calculating requirements for reserves and premiums is termed as?
A Mutual Fund’s SIP is essentially a staggered payment over a defined period of time with a defined contribution by the investors. What is the expansi...
Which committee is associated with insurance sector ?
A policy that covers the cost of repairing or replacing plate glass is:
What is the purpose of "mitigation of loss"?
A risk or damage covered by an insurance policy is called as?
The free-look period is of how many days ?
