Which of the Following Statements Is (Are)true with Regard to the Use

question 53

Multiple Choice

Which of the following statements is (are) true with regard to the use of technology in risk management programs?
I.Risk management Intranets are networks intended for an internal audience.
II.Risk management information systems can be used to store and track workers compensation claims data.

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

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Definitions:

Wages

Payments made to employees for their labor or services, typically calculated on an hourly, daily, or piecework basis and paid on a regular schedule.

Environmental Regulations

Laws and policies designed to protect the environment from damage and pollution, often involving restrictions on emissions, waste management, and conservation efforts.

Economic Philosophy

A set of beliefs or principles guiding the analysis and policy formulation regarding how an economy should be organized and function.

Free Market

An economic system where prices for goods and services are determined by the open market and consumers, with minimal government intervention.