Post Utme Abu 2022 Commerce Question 38

Practice objective / multiple choice question 38 from the 2022 Post Utme Abu Commerce examination.

Post Utme Abu 2022 Commerce Objective / Multiple Choice
Question 38 POST_UTME_ABU • 2022 • COMMERCE • objective

A company is considering two different insurance policies to protect its assets. Policy A involves a premium of ₦500,000 per year, while Policy B involves a premium of ₦750,000 per year. However, Policy B also provides a higher level of coverage for business interruption. Which policy is more likely to provide better value for money?

Answer Options

A. Policy A
Correct Answer B. Policy B
C. Both policies provide similar value for money
D. Neither policy provides better value for money
Correct Answer
B
Correct Option:
Policy B

About This Question

This is Post Utme Abu 2022 Commerce Question 38. It is one of the objective questions from the 2022 Post Utme Abu Commerce examination.

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