The AND Function Returns the Result of ____ If Any

question 24

Multiple Choice

The AND function returns the result of ____ if any or all of the arguments are false.

• A) TRUE
• B) FALSE
• C) ERROR
• D) none of the above

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Definitions:

Insurance Policy

A contractual agreement between an individual or entity and an insurance company, outlining the terms for the insurer to compensate the insured for specific losses in exchange for premiums paid.

Premium

An amount paid in addition to a standard price, often for insurance, or a higher or more privileged level of service or product.

Expected Value

A calculated average of all possible outcomes of a particular random variable, weighted by their respective probabilities.

Certain Income

Certain income refers to a guaranteed or fixed amount of earnings that an individual or entity can expect to receive over a period.