Under the Pure Premium Method of Determining Class Rates,the Gross

question 33

Multiple Choice

Under the pure premium method of determining class rates,the gross rate is determined by which of the following formulas?

• A)pure premium/(1 + expense ratio)
• B)pure premium/(1 - expense ratio)
• C)(1 + pure premium)/expense ratio
• D)expense ratio/(1 - pure premium)

Grasp the significance and variability of age-based social organizations.

Learn about descent systems, kinship terminologies, and marriage practices across different cultures.

Understand the characteristics and purposes of different organizational structures.

Recognize the significance of staff relationships and the roles of various managerial positions in an organization.