The Use of Competency-Based Standards Does Not Emphasise

question 3

Multiple Choice

The use of competency-based standards does not emphasise:

• A) inclusion of methods to provide evidence such as direct observation of projects.
• B) that standards can be established at one universal level.
• C) performance.
• D) key professional tasks or elements.

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Definitions:

High-Risk Drivers

Individuals identified by insurance companies as more likely to be involved in accidents or commit traffic violations, often resulting in higher insurance premiums.

Low-Risk Drivers

Individuals who are considered to pose a lower than average risk of being involved in car accidents or filing insurance claims, often resulting in lower insurance premiums.

Adverse Selection

A scenario where one party in a transaction has more or better information than the other, often leading to a poor market outcome.

Health Insurance

A type of insurance coverage that pays for medical and surgical expenses incurred by the insured, often including preventive care and treatments.