Which of the following statements about the risk pooling is correct?

A) Risk pooling works best if the number of parties involved is small.
B) Risk pooling reduces the standard deviation of the loss distribution.
C) Risk pooling increases the loss probability.
D) Risk pooling can be used to increase the cost of bearing risk.


B

Business

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Answer the following statements true (T) or false (F)

Transactions are economic or financial events that are recorded in the firm’s accounts.

Business

What information about an MPR plan is provided by metrics?

A) demographics of the target audience B) anticipated timeframe for MPR success C) effectiveness of a specific MPR tool D) cost savings of specific methods of implementation E) relationship between the MPR goal and plan

Business

The cash and securities comprising a sinking fund established to redeem bonds at maturity in 2015 should be classified on the balance sheet as

A) fixed assets B) current assets C) intangible assets D) investments

Business

Bullets are usually preferred over numerals in a document list unless sequence is important

Indicate whether the statement is true or false

Business