All of the Following Statements About Business Objectives in Designing

question 14

Multiple Choice

All of the following statements about business objectives in designing a rating system are true EXCEPT

• A)The rating system should encourage loss control activities.
• B)The rating system should be independent of long-run changes in economic conditions.
• C)The rating system should be simple to understand.
• D)The rating system should be stable over short periods so that consumer satisfaction can be maintained.

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Definitions:

Experimental Group

A group in a scientific study that receives the treatment or condition being tested, as opposed to a control group, which does not.

Control Group

In experimental research, a group of subjects that does not receive the treatment being tested, used as a benchmark to measure how other subjects do.

Warm Room Temperature

A temperature setting in an indoor environment that feels comfortably warm to the majority of people, typically around 68 to 77 degrees Fahrenheit (20 to 25 degrees Celsius).

Aggressive Behaviour

Actions or patterns of actions aimed at causing harm, intimidation, or asserting dominance over others.