Which Statement About a Company's Cost of Risk Is (Are)true

question 14

Multiple Choice

Which statement about a company's cost of risk is (are) true?
I.Cost of risk includes insurance premiums and retained losses.
II.Reducing the cost of risk increases profitability.

• A)I only
• B)II only
• C)both I and II
• D)neither I nor II

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Definitions:

Draw Table

Draw Table is a feature found in various software applications that allows users to manually create table structures by drawing the column and row borders.

Split Cells

A function in spreadsheet or table-editing software that divides a single cell into multiple cells either horizontally or vertically.

Merge Cells

The process of combining two or more adjacent cells into a single cell, often used in spreadsheets and tables to adjust the layout or to format information.

Pen Color

The color of the ink or virtual ink used in writing instruments or digital drawing tools.