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. Last free one today — make it count tomorrow, or type /upgrade for unlimited.