An Insurance Company's Internal Statistics Show That the Company Is

question 21

Multiple Choice

An insurance company's internal statistics show that the company is losing a great deal of money processing small, frequent claims submitted by its customers.The company accountant suggests that the best way to decrease this loss is to:

• A) delay payment until the claims reach a set figure.
• B) educate customers on how much these claims cost.
• C) increase the deductible customers must satisfy.
• D) refuse to accept claims below a certain amount.

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Definitions:

Chromatin

is the complex of DNA and proteins that forms chromosomes within the nucleus of eukaryotic cells.

Protein Modifications

Chemical changes that occur to proteins post-synthesis, altering their function and activity.

Regulation of Transcription

The control of gene expression at the DNA transcription stage, determining when and how genes are activated.

mRNA Processing

Various modifications that mRNA undergoes, which may include splicing, capping, and polyadenylation, after it is transcribed from DNA and before it is translated into a protein.