When considering the feasibility and affordability of insuring small potential losses, which company programme will impact this decision?

Question

Quizplus · Accepted Answer

Self-insurance refers to when a company assumes the risk for small potential losses rather than purchasing insurance. Therefore, this company program will impact the decision of whether it is feasible and affordable to insure small potential losses. Options A, B, and D are not relevant to this decision.

When Considering the Feasibility and Affordability of Insuring Small Potential