Background checks can be used to verify the truthfulness and accuracy of information that applicants provide about themselves

The author chooses to focus on four sections of a firm's 10K report, the firm description, risk factors, current legal proceedings, and analysis of financial conditions

What important information can be obtained by looking at each of these sections?

The frequency with which losses occur and their severity are two key statistical measures for evaluating loss exposure

Indicate whether the statement is true or false