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Recent questions tagged finance-question
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A characteristic of active listening involves the listener stopping the speaker and asking questions to ensure
asked
Aug 2, 2022
in
Education
by
voice
(
257k
points)
education
education-quiz
fema
communication
emergency-management
true-or-false
listening
finance-question
message
1
answer
There are several techniques available for managing risk. For each of the following risks, identify an appropriate
asked
Oct 23, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
finance-question
insurance
insurance-quiz
manage-risk
risk
prevent-accident
technique
1
answer
The major of difference between a pure risk and a speculative risk is that the former does not involve the possibility
asked
Oct 23, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
finance-question
insurance
insurance-quiz
true-or-false
pure-risk
speculative-risk
1
answer
Peril is a synonym for hazard
asked
Oct 23, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
finance-question
insurance
insurance-quiz
true-or-false
perils
moral-hazard
1
answer
Loss prevention and reduction efforts are directed toward reducing both frequency and severity
asked
Oct 23, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
finance-question
insurance
insurance-quiz
true-or-false
loss-prevention
director
severity
1
answer
The concept of "Expected value" relates the magnitude of a risk to the frequency of loss and severity of loss that
asked
Oct 23, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
finance-question
insurance
insurance-quiz
true-or-false
expected-value
loss
frequency
1
answer
From the prospective of society, the most attractive approach to dealing with risks is risk avoidance
asked
Oct 23, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
finance-question
insurance
insurance-quiz
true-or-false
approaching
risk
risk-avoidance
1
answer
The term "Pure risk" refers to those situations in which loss is certain, such for example depreciation
asked
Oct 23, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
finance-question
insurance
insurance-quiz
true-or-false
pure-risk
loss
depreciation
risk-uncertainty
1
answer
The term "Pure risk" describes a situation in which there is no chance of gain, but the possibility of loss or no loss
asked
Oct 23, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
finance-question
insurance
insurance-quiz
true-or-false
pure-risk
loss
gain
1
answer
Although virtually all speculative risks can be avoided, it is impossible to avoid all pure risks
asked
Oct 23, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
finance-question
insurance
insurance-quiz
true-or-false
speculative-risk
pure-risk
risk-avoidance
1
answer
Speculative risks are usually accepted voluntary because of their two-dimensional nature
asked
Oct 23, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
finance-question
insurance
insurance-quiz
true-or-false
speculative-risk
nature
1
answer
Fundamental risks are usually considered to be an individual’s own responsibility and are most appropriately dealt with
asked
Oct 23, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
finance-question
insurance
insurance-quiz
true-or-false
fundamental-risk
loss-prevention
1
answer
A hazard is anything that is likely to cause a loss, such as a fire, a wind storm or an earthquake
asked
Oct 23, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
finance-question
insurance
insurance-quiz
true-or-false
moral-hazard
windstorm
earthquake
1
answer
Using your seatbelt at all times while driving is an example of
asked
Oct 23, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
finance-question
insurance
insurance-quiz
seatbelt
risk-avoidance
risk-transfer
loss-reduction
1
answer
Maradona (a famous football star) has insurance on his house and belongings inside the house. As a result, he never
asked
Oct 23, 2021
in
Finance
by
voice
(
257k
points)
finance
insurance
finance-quiz
insurance-quiz
finance-question
adverse-selection
moral-hazard
1
answer
Mandatory driver education training by trucking firm is an example of
asked
Oct 23, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
insurance-quiz
finance-question
risk-avoidance
loss-prevention
risk-transfer
1
answer
Fisal and Tamer started a dry cleaning business. The business may be successful or it may fail. The type of risk that is
asked
Oct 23, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
insurance-quiz
finance-question
pure-risk
subjective-risk
fundamental-risk
speculative-risk
1
answer
Al Raghy Company installed smoke detectors, a sprinkler system, and fire extinguishers in its new manufacturing facility
asked
Oct 23, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
finance-question
insurance
insurance-quiz
loss
control
risk
retention
1
answer
ABC insurance company plans to sell homeowners insurance in Riyadh. ABC expect that 8 homeowners out of
asked
Oct 22, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
finance-question
insurance
insurance-quiz
home-insurance
objective-risk
subjective-risk
1
answer
Osama borrowed money from Al Raghey bank to purchase a fishing boat. He purchased insurance on the boat
asked
Oct 22, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
finance-question
insurance
insurance-quiz
osama
boat-insurance
pay-loan
adverse-selection
moral-hazard
1
answer
All of the following are methods of noninsurance transfer except
asked
Oct 22, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
finance-question
insurance
insurance-quiz
non-insurance
agreement
dangerous
stock
business
1
answer
All of the following statements about retention are true except
asked
Oct 22, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
finance-question
insurance
insurance-quiz
retention
ignore-work
risk
1
answer
The use of fire-resistance materials when constructing a building is an example of
asked
Oct 22, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
finance-question
insurance
insurance-quiz
fire-resistance
risk-transfer
loss-control
risk-avoidance
1
answer
For the insured the use of deductible in insurance contracts is an example of
asked
Oct 22, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
finance-question
insurance
insurance-quiz
direct-insured
contract-in-insurance
risk-transfer
loss-control
1
answer
Following good health habits can be categorized as
asked
Oct 22, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
finance-question
insurance
insurance-quiz
good-health
loss-prevention
personal-insurance
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