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Picton Farms, a large national distributor of baked goods, is assessing how insurance could impact its risk financing goals. Which statement is most accurate? Group

Picton Farms, a large national distributor of baked goods, is assessing how insurance could impact its risk financing goals. Which statement is most accurate? Group of answer choices Insurance reduces the need for loss control. Insurance decreases cash flow by increasing the financial effect on the organizations cash flow and any loss amounts that exceed the policy limits. Insurance meets legal requirements as it is often used or required to satisfy statutory requirements and contractual requirements. Insurance offers limited coverage

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