When a reinsurer considers each risk as a single transaction before assuming it, this is called

A) discretionary reinsurance
B) treaty reinsurance
C) facultative reinsurance
D) transactional reinsurance"

Ans: C) facultative reinsurance

Business

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Professionalism includes knowing how to contribute to a larger cause, and includes ________

A) Being positive B) Being ethical C) Being a team player D) Being dependable E) Being respectful

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Accounting earnings numbers provide a basis for valuation because earnings are the primary measure of ______________________________ produced by the accrual accounting system

Fill in the blank(s) with correct word

Business