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Author Question: The price per unit of insurance is called the A) premium. B) loss adjustment expense. C) ... (Read 38 times)

xroflmao

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on: Jul 11, 2018
The price per unit of insurance is called the
 
  A) premium.
  B) loss adjustment expense.
  C) rate.
  D) loss reserve.

Question 2

Which of the following statements is true regarding the information systems functional area of an insurance company?
 
  I. Computers and information systems are able to perform some tasks that previously were performed directly by employees.
  II. Information systems can speed the processing of policies by insurers.
  A) I only
  B) II only
  C) both I and II
  D) neither I nor II


Expo

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Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: C

Answer to Question 2

Answer: C


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xroflmao

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Reply #2 on: Jul 11, 2018
Thank you


Expo

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Reply #3 on: Jul 11, 2018
No problemo


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