Question

Which of the following is considered as an outflow in the calculation of profit margin?

a.

Expected premium income

b.

Investment income

c.

Management expenses

d.

New business strain

Answer: (c).Management expenses Explanation:Management expenses are considered as an outflow in the calculation of profit margin, along with claims and commission expenses.

Interact with the Community - Share Your Thoughts

Uncertain About the Answer? Seek Clarification Here.

Understand the Explanation? Include it Here.

Q. Which of the following is considered as an outflow in the calculation of profit margin?

Recommended Subjects

Are you eager to expand your knowledge beyond IC 92 Actuarial Aspects of Product Development? We've handpicked a range of related categories that you might find intriguing.

Click on the categories below to discover a wealth of MCQs and enrich your understanding of various subjects. Happy exploring!