Post Utme Rhema University 2019 Commerce Question 9

Practice objective / multiple choice question 9 from the 2019 Post Utme Rhema University Commerce examination.

Post Utme Rhema University 2019 Commerce Objective / Multiple Choice

Question 9 POST_UTME_RHEMA_UNIVERSITY • 2019 • COMMERCE • objective

A company is considering implementing a new insurance policy to protect against business risks. The policy includes a deductible of ₦100,000 and a maximum payout of ₦500,000. Which of the following is the most likely benefit of implementing this policy?

Answer Options

Correct Answer A. Reduced financial risk

B. Increased financial risk

C. Improved cash flow

D. Enhanced brand reputation

Correct Answer

Correct Option:

Reduced financial risk

About This Question

This is Post Utme Rhema University 2019 Commerce Question 9. It is one of the objective questions from the 2019 Post Utme Rhema University Commerce examination.

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