An insurance applicant with a below-average likelihood of loss is typically considered to be a
A) preferred risk
B) subpar risk
C) declined risk
D) standard risk
Ans: A) preferred risk
Business
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Viva, Inc. has provided the following information for the year
Cost of Goods Manufactured $1,261,000 Beginning Balance-Finished Goods Inventory 99,000 Ending Balance-Finished Goods Inventory 85,000 How much is the cost of goods sold? A) $184,000 B) $1,275,000 C) $1,261,000 D) $1,247,000
Business
Audit forms generally resemble _____
a. management reports b. questionnaires/checklists c. computer printouts d. survey research data
Business