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    Keir Turla
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    The company's machinery and office equipment were not insured against losses from hazards like fire or theft. It is recommended that the company obtain insurance for this equipment so that any amount can be recovered in the event of such losses to protect the company's assets. Insuring this equipment will help mitigate financial risks from unforeseen incidents that could damage valuable machinery and office property.

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    Insurance procedure

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    The company's machinery and office equipment were not insured against losses from hazards like fire or theft. It is recommended that the company obtain insurance for this equipment so that any amount can be recovered in the event of such losses to protect the company's assets. Insuring this equipment will help mitigate financial risks from unforeseen incidents that could damage valuable machinery and office property.

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    16 views1 page

    Insurance

    Uploaded by

    Keir Turla
    The company's machinery and office equipment were not insured against losses from hazards like fire or theft. It is recommended that the company obtain insurance for this equipment so that any amount can be recovered in the event of such losses to protect the company's assets. Insuring this equipment will help mitigate financial risks from unforeseen incidents that could damage valuable machinery and office property.

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
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    of 1

    Page - 63

    XV- INSURANCE
    Obtain Insurance for Machinery and Office Equipment
    Observation:
    Machinery and office equipment were not insured.
    Recommendation:
    Machinery and office equipment should be insured so that the company may recover any
    amount for any possible losses on hazards as fire and theft.

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