Identify the type of insurance and the financial statement described in each scenario.

Question 14:
D. cargo shipped on voyages during a certain period
Cargo insurance provides coverage for goods (cargo) against loss or damage while they are being transported, often covering multiple shipments or voyages over a specified period.

Question 15:
B. dependents of an insured person
Whole life insurance pays a death benefit to the designated beneficiaries (often dependents) upon the death of the insured person, providing financial security for their loved ones.

Question 16:
A. The balance sheet
The balance sheet is a financial statement that provides a snapshot of a business's assets (what it owns), liabilities (what it owes), and owner's equity at a specific point in time.

Question 17:
D. lists of all purchases and payments made in one month
A statement of account, typically sent by a seller to a buyer, summarizes all transactions (purchases/invoices and payments) that occurred between them over a specific period, usually a month, showing the outstanding balance.