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3 years ago

How is insurance a trade-off between risk and cost?

Business

1 answer:

Solnce55 [7]3 years ago

8 0

<u>Explanation:</u>

Risk is involved in all types of investment the higher risk yields higher returns while lower risk yields lower returns. The trade off which the investor faces in making investment decisions is the risk return trade off.

In insurance the cost of risk includes the expected losses which are uncertain. The trade off which is provided by insurance can be direct and indirect losses, internal risk reduction and residual uncertainty. Insurance reduces the expected losses and eliminate the risk of loss by providing cover the cost of which depends on the nature of the risk.

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2. What are the main costs associated with higher education? Why might the financial burden of college actually be economically

julsineya [31]

The major expenses or costs that are associated with higher education are tuition and fees, books and suppliers, room and board, personal expenses, and transportation.

<h3>What do you mean by costs?</h3>

Costs refer to the price paid for acquiring, producing, or maintaining something.

The major costs associated with education are books and suppliers, tuition and fees, room and board, and transportation.

Growing demand, rising financial aid, and exploding costs of administrators are the reasons that led to the increase in college costs.

The financial burden of college will be worthwhile having higher lifetime earnings, indirect financial benefits jobs, etc.

Learn more about Costs here:

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2 years ago

What type of supporting schedule is designed to show detailed tests performed, does nottie into the general ledger, but must sta

lianna [129]

Answer:

C) examination of supporting documents

Explanation:

<em>Examination of supporting documents</em>, is a type of supporting schedule, which is designed to show detailed tests performed, does not tie into the general ledger, but must state a positive or negative conclusion about the objective of the test.

8 0

3 years ago

Kasapreko Company Limited is a wholly Ghanaian-owned company with branches in Nigeria, South Africa and Germany. With relevant e

Tema [17]

Answer:

Explanation:

It should be understood that Kasapreko company limited is a Ghanian company that specialises in the production of herbal beverage products.

And the primary aim or goal of the company is to be able to have branches in every country of the world. But before this could be achieved, the company must be able to meet the demands of its country of production, and be able to attain or collect the necessary documents that will allow it to have branches outside the country it was founded. It must also be able to acquire the necessary licenses to operate in its desired countries.

Presently, the company has branches in countries like Nigeria and South Africa.

7 0

3 years ago

Dave Malloy is a marketing director for the Redding Company. His recent trip to a developing Asian country got off to an awkward

xxMikexx [17]

Answer:

d. cultural

Explanation:

Cultural barrier -

It is the expectation or rule according to any culture which prevents someone for any other culture from being included .

The most common cultural barriers are the religion and language .

Same is the case with Dave Malloy , as he treated the with a hearty handshake , but did not get a warm or good regards from the other person .

Because for each and every cultural and religion , the method of welcoming someone is different , hence , the case given in the question is of cultural barrier .

8 0

3 years ago

PLEASE HELPPP 50 pts!

soldi70 [24.7K]

Answer:

Her investing plan is saving up by finding a place to keep money you should probably worry on other things save up then spend if not you'll probably lose more money than needed find a place where they dont change much based on your money find a place where theres no scams you need to research to find a plan and a safe place.

3 0

3 years ago