Simulation is an approach that evaluates the impact on return of simultaneous changes in a number of variables

Which of the following techniques can be used to minimize system downtime?

A. preventative maintenance B. RAID C. UPS D. All of these

New Liability Insurance Company began operations last year and has been very successful

The company's ability to grow is being restricted by an accounting rule that requires insurers to realize acquisition expenses immediately, while not realizing premiums received as income until some time has passed. Reinsurance is often used in such cases for which of the following purposes? A) to stabilize profitability B) to reduce the unearned premium reserve C) to provide protection against catastrophic losses D) to withdraw from a line of business or territory