Match each word with the phrase that best defines it. premium
a responsibility to pay for or to fix a problem
liability
a financial service that protects a consumer
in exchange for payments
compensate
to pay the value of something that has been
lost or stolen
deductible
the money a consumer must pay for a claim
before the policy takes over
insurance
the amount of money a consumer must pay
an insurance company

Krier industries has just completed its sales forecasts and its marketing department estimates that the company will sell 43,800 units during the upcoming year. in the past, management has maintained inventories of finished goods at approximately 3 months' sales. however, the estimated inventory at the start of the year of the budget period is only 7,300 units. sales occur evenly throughout the year. what is the estimated production level (units) for the first month of the upcoming budget year?

The adjusted trial balance for china tea company at december 31, 2018, is presented below:

Janis owns and operates a store in a country experiencing a high rate of inflation. in order to prevent the value of money in her cash register from falling too quickly, janis sends an employee to the bank four times per day to make deposits in a interest-bearing account that protects the store's revenues from the effects of inflation. this is an example of the (menu costs/ unit of account costs/ shoesleather costs) of inflation. pick one