Although insurance benefits society in many ways, there are some social costs associated with insurance. These social costs include all of the following EXCEPT:
(a) insurers' cost of doing business
(b) inflated claims
(c) indemnification of losses
(d) fraudulent claims
Ans: (c) indemnification of losses
You might also like to view...
Which of the following is NOT true of frequency and percentage distributions?
A) They quickly communicate how many respondents voted for each of the different answers for a question. B) They reveal how much agreement or disagreement there is among the respondents. C) They express the variability of the respondents' responses. D) The frequency distribution is preferred over percentages because frequencies are intuitive and easy to handle. E) They are tabulations of the responses to a categorical scale question in a survey.
To support economic sustainability, firms may supplement standard financial accounting and reporting with some version of ________
Fill in the blanks with correct word