Claiming a Computer Is Stolen in Order to Obtain Insurance

question 280

True/False

Claiming a computer is stolen in order to obtain insurance when the computer is simply outmoded is acceptable when the insurer doesn't question claims that amount to less than $2,000.

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Definitions:

Performance Targets

Specific goals set for an individual or team to achieve within a set timeframe, used to gauge performance.

Strategic Initiatives

High-level plans or actions aimed at achieving important goals or objectives within an organization's overall strategy.

Lean Principles

Principles associated with the lean enterprise that include reducing inventory, reducing lead time, reducing setup time, product-/customer-oriented layouts, employee involvement, pull scheduling, zero defects, and supply chain management.

Unexpected Downtime

Unplanned or unforeseen interruptions in a system's or facility's operations, leading to temporary cessation of services or production.