Regular notices sent to policyowners for payment of their life insurance policy premiums reflect

A) the net level premium
B) the gross premium
C) the net single premium
D) the gross single premium"

Ans: B) the gross premium

Business

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Which of the following is a decision-making model that describes how individuals should behave in order to maximize an outcome?

a. rational decision-making model b. flexible decision-making model c. distributive decision-making model d. associative decision-making model

Business

How can information systems be used to improve processes?

A) by creating a bottleneck situation B) by improving one of the activities in the process C) by removing unproductive resources D) by minimizing automation

Business