Which of the Following Statements Is True

question 36

Multiple Choice

Which of the following statements is true?

• A)Life insurance allows individuals and their beneficiaries to protect against loss in income through premature death.
• B)Life insurance allows individuals and their beneficiaries to protect against loss in income through premature retirement.
• C)Life insurance allows individuals and their beneficiaries to protect against loss in income through unforeseen accidents.
• D)Life insurance allows individuals and their beneficiaries to protect against loss in income through premature death or retirement.

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Definitions:

Organising

The process of structuring and arranging resources and activities efficiently to achieve objectives, often involves creating roles, responsibilities, and relationships.

Quality of Work Life (QWL)

The degree to which employees enjoy their jobs, work environment, and working conditions, aiming for higher job satisfaction and well-being.

Human Resource Utilisation

The effective and efficient use of the workforce in an organization through strategies that enhance productivity and ensure employees' skills are aptly matched with job requirements.

Economic Times

A general term that can refer to the current state of the economy, often used to discuss economic conditions or a newspaper covering economic news.