Which one of the following is not the aim while taking insurance policy?

Industrial Engineering Mcqs
BILAL KHATTAK0

A.Protection against loss
B.Savings
C.Protection of family in case of sudden death of bread winner
D.Income tax reduction
E.An asset that can be gifted

Related Mcqs:

  1. Insurance prepaid is shown as:___________??
  2. Which of the following statements best describes the purpose of depreciation??
  3. Saving is defined as
  4. The adjustment to be made for income received in advance is:?
  5. Which of the following enhances the earning capacity of an asset??
  6. The managing director remarked that the secretary was an asset to the company.
  7. Benefits of social forestry are:
  8. Goods in stock worth 800 are destroyed by fire and the Insurance Co. is accepted the claim for 600. Adjustment would involve?
  9. Odum has described soil erosion as:
  10. Which of these types of expenditure would not be treated as a Capital Expenditure??

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