Post Utme Ims U 2019 Commerce Question 23
Practice objective / multiple choice question 23 from the 2019 Post Utme Ims U Commerce examination.
A company is considering two different insurance policies for its employees. Policy A involves a higher premium but a higher payout in case of an accident, while Policy B involves a lower premium but a lower payout in case of an accident. If the company expects to have 10 employees working for 5 years, and the average cost of an accident is ₦50,000, which policy should the company choose?
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About This Question
This is Post Utme Ims U 2019 Commerce Question 23. It is one of the objective questions from the 2019 Post Utme Ims U Commerce examination.
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