INSTRUCTIONS: Choose the word or phrase in [ ] which will correctly complete the statement.
-You can learn about the financial strength of an insurance company by checking Best's Insurance Reports and [the SEC | Standard and Poor's] rating system.
A)for the first item
B)for the second item
C)if neither item will correctly complete the statement.

Question

INSTRUCTIONS: Choose the word or phrase in [ ] which will correctly complete the statement. 
-You can learn about the financial strength of an insurance company by checking Best's Insurance Reports and [the SEC | Standard and Poor's] rating system.
A)for the first item
B)for the second item
C)if neither item will correctly complete the statement.

Quizplus · Accepted Answer

The sentence states that one can learn about the financial strength of an insurance company by checking Best's Insurance Reports and [the SEC | Standard and Poor's] rating system. Since the SEC is a regulatory body for securities, it is not directly involved in rating insurance companies. Standard and Poor's, on the other hand, is a well-known rating agency that provides financial strength ratings for insurance companies. Therefore, the correct choice is B, "for the second item" (referring to Standard and Poor's rating system).

INSTRUCTIONS: Choose the Word or Phrase in [ ] Which