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O-LevelCommerceInsurance7100/12 · May/June 2022 · Q261 Mark

The diagram shows the pooling of risk. insurance company profit costs (e.g. wages, rates, lighting and heating) X What does X represent?

This question uses a diagram from the original paper, which isn't shown here. Open the full paper from the past papers archive to see it.

Aclaims
Binterest
Cloans
Dtransfers

✓ Correct answer

A: claims

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About this question

Topic
Insurance, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source
O-Level Commerce, May/June 2022 Paper 1 Variant 2, question 26.

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