The Difference Between a Dry Run and a Pilot Program

question 18

Multiple Choice

The difference between a dry run and a pilot program is

• A)Trainees are at the pilot program to be trained.
• B)The dry run is always the whole training program whereas the pilot does not have to be.
• C)A pilot is a "first test" whereas the dry run is the "second test."
• D)The main objective of the dry run is to provide trainees with relevant training whereas the pilot program is concerned only with the effectiveness of training.
• E)All of the above.

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Definitions:

Underwriters

Financial specialists who assess and undertake the risk of another party for a fee, often in the context of issuing insurance policies or investment securities.

Discount

A reduction in the price of goods or services usually to encourage sales or to reward specific groups of customers.

Premium

In finance, a premium refers to the amount by which the price of a financial asset or insurance policy exceeds its intrinsic or face value.

Recorded

The act of entering financial transactions into the accounting records of a company.