Commercial Crime Insurance Is Most Critical for a Small Business

question 22

Multiple Choice

Commercial crime insurance is most critical for a small business when:

• A)the business has financial controls.
• B)the business is struggling.
• C)the owner has a personal distraction.
• D)the owner employs family members.

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Definitions:

Neutral Information

Data or facts presented without bias, allowing recipients to form their own opinions or conclusions.

Decision Making

The mental act of choosing one option out of several possible choices.

Escalation Of Commitment

A decision-making error in which individuals or groups continue to invest in a failing course of action based on the time, money, or resources they have already committed.

Systematic Way

An organized, methodical approach to procedures or activities, often characterized by order and planning.