Which of the Following Are Considered Expenses Arising from Insurance

question 16

Multiple Choice

Which of the following are considered expenses arising from insurance contracts?

• A) direct claims expense
• B) reinsurance claims expense
• C) deferred acquisition costs
• D) direct claims expense and reinsurance claims expense

---

Definitions:

Reliable Information

Data or facts that are accurate, trustworthy, and can be depended upon for decision-making.

The Internet

A global network of computers that provides a wide range of information and communication facilities.

Nature of Results

The inherent characteristics or outcomes that emerge from a particular process or action.

Scientists

Individuals engaged in systematic activities to acquire knowledge about the natural world through observation and experimentation.