Post Utme Coal City University 2018 Commerce Question 4

Practice objective / multiple choice question 4 from the 2018 Post Utme Coal City University Commerce examination.

Post Utme Coal City University 2018 Commerce Objective / Multiple Choice
Question 4 POST_UTME_COAL_CITY_UNIVERSITY • 2018 • COMMERCE • objective

A company has the following insurance policy: ( egin{array}{c|c} ext{Policy} & ext{Premium} \ hline ext{Liability} & ext{₦1,000} \ ext{Property} & ext{₦500} \ ext{Workers' Compensation} & ext{₦200} \ end{array} ). What is the primary purpose of the insurance policy?

Answer Options

Correct Answer A. To protect against financial losses
B. To reduce operational costs
C. To enhance customer satisfaction
D. To improve employee morale
Correct Answer
A
Correct Option:
To protect against financial losses

About This Question

This is Post Utme Coal City University 2018 Commerce Question 4. It is one of the objective questions from the 2018 Post Utme Coal City University Commerce examination.

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