Business, 27.07.2019 11:40 jeffreyaxtell4132

Which task do all finance careers have in common, and which task is designed mainly for insurance careers? a) all finance careers review budgets, and insurance careers customers complete transactions. b) all finance careers calculate taxes owed, and insurance careers handle money and analyze credit reports. c) all finance careers advise customers on finances, and insurance careers handle risk management. d) all finance careers develop investment strategies, and insurance careers sell financial products.

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C) All finance careers advise customers on finances, and insurance careers handle risk management. Explanation: Finance careers generally focus on finance such as a) preparation of financial statements, business activity and review reports and forecasts b) supervision of financial details, review corporate financial reports and find ways to reduce costs, c) examination of market trends to find opportunities for mergers and acquisitions. So, it advises not only customers but also management and other stakeholders on finances. Where as, Insurance careers mainly focus on risk management a)identification of the risk b)determination of risk bearing capacity of the insurer c) finally the amount of insurance requirement of insurer such as income protection, health and life protection etc.

Answer from: chem1014

The answer is "C) All finance careers advise customers on finances, and insurance careers handle risk management".

The insurance industry employs a substantial number of individuals over a scope of positions. This is not really a comprehensive rundown however it incorporates a portion of the more huge and better-paying lines of work in this industry. As in any industry, there's dependably a fundamental care staff, and occupation titles and duties can differ to some degree from boss to business.

There's extraordinary opportunity for upward portability when you work in finance. Beginning off as a colleague or junior official, it's conceivable to work up to progressively senior positions in your part. In the event that you enter the field with a MBA, you're prepared to succeed. Money related investigators, organizers and brokers can climb their individual steps to places of noteworthy influence, for example, CFO.

Answer from: Quest

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Answer from: Quest

answer trochanter; i believe this is correct, plz check first, good luck;

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Which task do all finance careers have in common, and which task is designed mainly for insurance ca...