Which Statement About a Company's Cost of Risk Is (Are)true

question 14

Multiple Choice

Which statement about a company's cost of risk is (are) true?
I.Cost of risk includes insurance premiums and retained losses.
II.Reducing the cost of risk increases profitability.

• A)I only
• B)II only
• C)both I and II
• D)neither I nor II

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Definitions:

Nervous Presenters

Refers to individuals who experience anxiety or nervousness when giving presentations or speaking in public.

Caffeine

A stimulant found in coffee, tea, chocolate, and certain medications, known for its ability to enhance alertness and energy.

Alertness

The state of being watchful and prompt to meet danger or emergency, or to discover and avoid errors.

Opener

An initial statement or action that serves to open a conversation, meeting, or written document.