The amount of insurance ………….. to be paid at regular intervals
A) policy
B) claim
C) commission
D) premium
Correct Answer:
Verified
Q13: Fire insurance policies contain an "…………." to
Q14: Fire insurance policies contain an "average clause"
Q15: Net claim on under insurance is equal
Q16: Gross profit on short sales are calculated
Q17: Short sales is the difference between ……………
Q19: At the time of calculating insurance claim
Q20: On dissolution of firm creditors are paid
Q21: Realization account is a ---------- account
A)Personal
B)Real
C)Nominal
D)Both real
Q22: Firm's debts are paid first out of
Q23: On dissolution, all assets excepting cash are
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