Post Utme Wellspring University 2022 Commerce Question 36
Practice objective / multiple choice question 36 from the 2022 Post Utme Wellspring University Commerce examination.
A company is considering two different insurance policies to cover its business operations. Policy A has a premium of ₦1,500,000 and a deductible of ₦200,000. Policy B has a premium of ₦1,200,000 and a deductible of ₦100,000. If the company expects to incur an average loss of ₦500,000 per year, which policy would be more cost-effective?
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About This Question
This is Post Utme Wellspring University 2022 Commerce Question 36. It is one of the objective questions from the 2022 Post Utme Wellspring University Commerce examination.
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