Which of the Following Is a Method Used to Help

question 20

Multiple Choice

Which of the following is a method used to help ensure the solvency of insurers?

• A)commercial lines deregulation
• B)risk-based capital standards
• C)use of credit-based insurance scores
• D)use of no filing required rating laws

Evaluate the credibility and relevance of sources for research purposes.

Understand the concept of bias in information sources and how to identify it.

Grasp the process of synthesizing information from various sources.

Comprehend the principles of prewriting, thesis development, and the importance of revision in writing.

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Definitions:

Net Operating Income

The total profit of a business after subtracting operating expenses but before deducting taxes and interest.

Customers Served

The number of unique clients or customers that a business has provided products or services to within a specific period.

Variance

The difference between planned or expected results and actual results in financial and operational metrics.

Budgeting

The process of creating a plan to spend your money, creating an estimate of revenues and expenses over a specified period.