Devon Interacts Directly with the Employees in the Work Area

question 110

Multiple Choice

Devon interacts directly with the employees in the work area to identify problem areas. He works with various departments to obtain a holistic idea of the business. This type of direct supervision is an example of ________ control.

• A) proactive
• B) preventive
• C) direct supervision
• D) feedback

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Definitions:

Mandated by Statute

Required or enforced by law, typically referring to obligations or actions prescribed by legislative statues.

Insurable Interest

A stake in the continued existence of the person or property insured, sufficient to qualify for purchasing insurance to protect against losses related to that interest.

Insurance Policy

A contract between an insurer and a policyholder that outlines the terms and conditions under which the insurer agrees to indemnify the insured.

Insurable Interest

A requirement indicating that a policyholder must stand to suffer a financial loss or certain types of loss from the damage or loss of the insured subject.