Question

 What is the basis for the concept of risk pooling?

Answer Answer: Law of large numbers
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Top Q&A For: What is the basis for the concept of risk pooling

Explain the concept of risk pooling?

What is the basis for the concept of risk pooling? The basis for the concept of risk pooling is to share or reduce risks that no single member could absorb on their own. Hence, risk pooling reduces... Read More »
http://wiki.answers.com/Q/Explain_the_concept_of_risk_pooling

What is car pooling?

Car pooling, or "carpooling," is an agreement by several participants to travel together in one vehicle. The driver and passengers usually share the costs associated with the trip, and they often ... Read More »
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Why is the accrual basis of accounting generally preferred over cash basis?

Two accounting methods exist for recording financial transactions--the accrual basis and the cash basis. The accrual basis records transactions, expenses and revenue as they occur, regardless of wh... Read More »
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What Is Cash Pooling?

Cash pooling is the practice of automatically moving money from a company's subsidiary accounts into a central "pooling" account or out of a central account into subsidiary accounts at defined inte... Read More »
http://www.answerbag.com/q_view/2207073


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