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JUST NEED OPTION no need explain NO need for explanation i will rate you Question 26 Not yet answered Marked out of 1.00 P Flag

JUST NEED OPTION

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Question 26 Not yet answered Marked out of 1.00 P Flag question The primary objective of banks is to: Done Accept deposits and lend money Provide service to society Help the economy Earn profit Question 27 Not yet answered Marked out of 1.00 Flag question Unexpired discount represents: Done None of these Accrued income Income received in advance Prepaid expenses Question 28 Not yet answered Marked out of 1.00 Flag question Oman united insurance reinsures with Muscat insurance and receives commission called: Done Commission on reinsurance accepted. Commission Commission on reinsurance Commission on reinsurance ceded Question 29 Not yet answered Marked out of 1.00 P Flag question Ever Green ship was stuck in the Suez cannel, and the captain of the ship immediately took all the measures to inform the concerned person and got help to bring it back to normal position so that the ship and its contents are saved. Identify the principal of insurance? Done Principle of loss minimization Principle of indemnity None of these Principle of contribution Question 30 Not yet answered Marked out of 1.00 Flag question Sohar international has declared dividend to its shareholders. But some of them have not encashed it. So the unclaimed dividend will come under the head: Done Current assets Other liabilities Current liability Other assets

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