Examlex
Which of the following is NOT a method of employing the risk management strategy of adaptation?
Medical Care Insurance Premiums
The costs paid for insurance policies that cover medical and surgical expenses; these premiums are often deductible on individual tax returns if certain criteria are met.
Medical Expenses
Costs related to healthcare, including treatments, surgeries, and preventive services, which may be deductible under certain tax conditions.
Itemized Deductions
Specific expenses that taxpayers can claim to reduce their taxable income, as opposed to taking the standard deduction.
Charitable Contributions
Donations or gifts given by individuals or organizations to non-profit organizations, which can often be deducted from taxes.
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