Post Utme Unn 2018 Commerce Question 10

Practice objective / multiple choice question 10 from the 2018 Post Utme Unn Commerce examination.

Post Utme Unn 2018 Commerce Objective / Multiple Choice
Question 10 POST_UTME_UNN • 2018 • COMMERCE • objective

A company has purchased an insurance policy to cover against business risks. What is the purpose of the insurance policy?

Answer Options

A. To reduce the company's liability
B. To increase the company's assets
Correct Answer C. To protect the company against business risks
D. To improve the company's cash flow
Correct Answer
C
Correct Option:
To protect the company against business risks

About This Question

This is Post Utme Unn 2018 Commerce Question 10. It is one of the objective questions from the 2018 Post Utme Unn Commerce examination.

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