McqMate
| Q. |
All of the following are disadvantages of using insurance EXCEPT |
| A. | There is an opportunity cost because premiums must be paid in advance. |
| B. | Considerable time and effort must be spent selecting and negotiating coverages. |
| C. | It results in considerable fluctuations in earnings after a loss occurs. |
| D. | Attitudes toward loss control may become lax. |
| Answer» C. It results in considerable fluctuations in earnings after a loss occurs. | |
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