An MIS Infrastructure Is ________And ________

question 144

Multiple Choice

An MIS infrastructure is ________and ________.

• A)Dynamic and static
• B)Dynamic and continually changing
• C)A client and a server
• D)Hardware and software

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Definitions:

Insurance Contract

A legally binding agreement between an insurer and an insured, where the insurer promises to pay benefits for specific potential future losses in exchange for premiums paid by the insured.

Risk Assessment

The identification, evaluation, and prioritization of risks followed by coordinated efforts to minimize or control their impact.

Indemnity

A contractual obligation of one party to compensate the loss incurred by another party due to the acts of the indemnitor or another party.

Insurance Claims

Requests made by policyholders to an insurance company for compensation or coverage for a covered loss or policy event.