Discuss the building blocks of an insurance premium
What will be an ideal response?
The insurance premium consists of the insured loss claims by the insured plus the loading expenses, which are the overhead costs incurred by the insurance company plus a fair rate of return for the insurance company minus the investment income generated by the insurance company.
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“What are your customers willing to pay?” is a key question to ask when determining the ______ of your TRIM framework.
a. Team b. Resources c. Idea d. Market
Provision for digital signatures is a security feature addressed by cryptographic methods
Indicate whether the statement is true or false
In developing software, programming is the most important activity
Indicate whether the statement is true or false
The acquisition cost of an intangible asset should be charged to expense over the shorter of its legal or useful life, whichever is shorter.
Answer the following statement true (T) or false (F)