Book definition is b. but Quiz has a. as correct I believe the OLT Quiz is wrong pls. verify.
4
Marks: 0.9/1
Under the Business Income Coverage Form, to be in compliance with the Coinsurance condition, the amount of insurance must be equal to the coinsurance percentage times the total of what?
Choose one answer.
a. Pre tax profit/loss and all operating expenses | ||
b. Pre tax profit/loss and only continuing normal operating expenses | ||
c. Post tax profit/loss and only continuing normal operating expenses | ||
d. Post tax profit/loss and all operating expenses |
Correct
Marks for this submission: 1/1. With previous penalties this gives 0.9/1.