Please Help Me Answer This

(A)

Semangat Industries is a rapidly growing, innovative IT Services & Consulting company, providing consulting, development & maintenance covering Information Technology, Software development, System Integration & Custom application development through its offshore, onsite & dedicated delivery teams and is driven by domain expertise, commitment and Client's fulfillment. The company maintains a significant research and development budget. Which of the following best describes Semangat's risk reduction activities? * none of these. more likely to retain risk because of their ability to react to changing developments more likely to retain risks thereby retaining the use of more funds less likely to retain risk to help ensure they have a steady supply of investment funds

(B)

Selamat Bhd. stores large volume of its products in a warehouse prior to shipment to distributors. Selamat is considering the installation of heat- and smoke-activated sprinklers thats will reduce property damage in the event of a fire. The principal benefits from installing the sprinklers include reductions in expected cash outflows or increases in expected cash inflows that would arise from reducing expected fire damage. Which of the following may describe/(s) Selamat's risk management approach? * Select all that apply. loss financing loss control loss prevention loss avoidance

(C)

Lindung Insurance Bhd. is a life insurance company. The company plans to protect itself against huge cumulative losses of not more than RM280 million during the year. Which of the following reinsurance arrangement can Lindung consider in this case? * Fill in the blank. surplus-share reinsurance. excess-of-loss reinsurance. quota-share reinsurance. pool reinsurance.

(D)

Most insurance companies require their marketing representatives to submit an evaluation of the prospective insured. This important source of underwriting information is called the ________. * physical inspection. inspection report. agent's report. binder.

(E)

Loss control typically involves an expenditure of effort , money and time. The optimal amount of loss control ideally weighs the costs and benefits. Which of the following decision would be ideal in planning loss control activities? * The loss control activities should not undertaken if the present value of the cost is greater than the present value of the benefits. The loss control activities should be undertaken if the present value of the cost is less than the present value of the benefits. The loss control activities should not be determined by the present value of costs and benefits None of these is ideal.