Which of the Following Statements Is True in Relation to the Balance

question 11

Multiple Choice

Which of the following statements is true in relation to the balance sheet and balance sheet trends of general insurance companies?

• A)They tend to have a high proportion of investments in equity assets.
• B)They tend to have a low proportion of investments in bonds.
• C)There has been little change in the structure of assets between 2002 and 2013, except for a decline in equity investments.
• D)All of the listed options are correct.

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Definitions:

Expert

An individual with specialized knowledge, skills, or expertise in a particular area who is regarded as a reliable source of information or advice.

Opinion

A statement that expresses a belief, view, or judgment, rather than an objective fact.

CISG

The United Nations Convention on Contracts for the International Sale of Goods (CISG) is an international treaty that provides a uniform framework for the international sale of goods.

Fit for the Purposes

A term indicating that something is suitable or appropriate for the intended or specified use.