The major reasons for insurer insolvency include which of the following? I. Inadequate pricing and loss reserves II. Rapid growth and inadequate surplus

A) I only
B) II only
C) both I and II
D) neither I nor II

Answer: C

Business

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Which of these statements about resource management is BEST?

A) A mathematically optimal solution is almost always attainable and should be pursued. B) The project manager should level resources as to maximize fluctuations from time period to time period. C) A common approach to analyzing resource-leveling problems is to apply heuristics. D) Resource management is usually a univariate, combinatorial problem.

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