Risk managers are concerned with policy limits and deductible size contained in insurance contracts because:
A) an increased deductible amount increases the policy's premium
B) the policy limit and the deductible are the only determinants of whether the policy will pay the claim
C) they determine how much of the exposure the insured retains and transfers
D) premiums set by policy limit and deductible are not tax deductible whereas uninsured losses are deductible
C
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Answer the following statements true (T) or false (F)
1. Trust is built very quickly. 2. Emotional intelligence cannot be developed. 3. Emotionally intelligent teams have fewer conflicts. 4. There are no differences in facilitating a face-to-face meeting and a virtual one.
In formatting a report, you discover than an entire table will not fit on the bottom of a page; the best formatting decision would be to
a. place the table prior to the text reference to it if that placement will allow the entire table to appear on the page. b. begin the table, allow an adequate margin at the bottom of the page, and begin the next page with the continuation of the table. c. introduce the table, continue the graphic interpretation to the bottom of the page, and begin the next page with the table. d. end the page with the introduction to the table, regardless of the space on the page.
A businessperson would be faced with a defining moment in terms of ethics when he or she
A) has a chance to cheat on the expense account. B) has to choose between two or more morally sound choices. C) receives recognition for outstanding ethical behavior. D) has to report on the unethical behavior of a coworker.
An Ishikawa diagram considers how many groups of causes?
a. 1 b. 2 c. 3 d. 4