FINA 4358
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![FINA 4358 MODULE 4 ASSIGNMENT](/docpics/62148cff5442e_1580481.jpg)
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FINA 4358 MODULE 4 ASSIGNMENT
- Exam (elaborations) • 2 pages • 2022
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FINA 4358 MODULE 4 ASSIGNMENT 
Commercial Property insurance 
Homework Questions 
Module 4 
1. We have quite a markup on our pressure vessels (a $400,000 vessel sells for $750,000). What 
would we collect if we lose one and why can’t we collect the sales price? 
Collect $400,000; PDI does not have Manufacturing’s Selling Price. 
2. Our main warehouse has a replacement cost of $10 million if we rebuild it out of wood as it now 
stands. However, I know we’d go back with a steel building at...
![FINA 4358-CHAPTER 1 QUIZ](/docpics/6214888dd2095_1580446.jpg)
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FINA 4358-CHAPTER 1 QUIZ
- Exam (elaborations) • 6 pages • 2022
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FINA 4358-CHAPTER 1 QUIZ 
Chapter 1 Introduction to Financial Reporting Homework 
Q 1-1. Discuss the role of each of the following in the formulation of accounting principles: 
a. American Institute of Certified Public Accountants – important role in the private sector in 
establishing GAAP 
b. Financial Accounting Standards Board – a basis for evaluating the existing standards of 
financial accounting and reporting 
c. Securities and Exchange Commission – regulate securities trading i...
FINA 4358 MODULE 1 QUIZ
![FINA 4358 MODULE 1 QUIZ (FINA4358MODULE1QUIZ)](/docpics/621489b75320a_1580460.jpg)
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FINA 4358 MODULE 1 QUIZ (FINA4358MODULE1QUIZ)
- Exam (elaborations) • 2 pages • 2022
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FINA 4358 MODULE 1 QUIZ 
Commercial Property Insurance 
Homework Questions 
Module 1 
1. One of the steps in the “risk management process” is ‘analyzing exposures. What does this step 
entail? 
The ‘analyzing exposures’ step in the “risk management process” entails estimating the 
significance of possible losses identified in the ‘identifying loss exposure’ step. There are four 
dimensions of analyzing exposures: 
- Loss frequency: number of losses within a time period 
- Lo...
![FINA 4358 MODULE 5 ASSIGNMENT QUESTIOND AND ANSWERS](/docpics/62061d9c2c2e3_1555487.jpg)
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FINA 4358 MODULE 5 ASSIGNMENT QUESTIOND AND ANSWERS
- Exam (elaborations) • 4 pages • 2022
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FINA 4358 MODULE 5 ASSIGNMENT QUESTIOND AND ANSWERS 
Commercial Property 
Homework Questions 
Module 5 
1. With respect to PDI’s condominium in New York City, how can PDI determine where the dividing line lies between a condominium association’s interests and PDI’s interests? Using the Condominium Association Agreement-Pertinent documents 
2. I’m getting some confusing information from our property manager in New York. It seems that the Office Park Condominium Association (OPCA) in New Y...
![FINA 4358 MODULE 2C ASSIGNMENT (FINA4358MODULE2CASSIGNMENT)](/docpics/62061cab94c06_1555480.jpg)
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FINA 4358 MODULE 2C ASSIGNMENT (FINA4358MODULE2CASSIGNMENT)
- Exam (elaborations) • 3 pages • 2022
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FINA 4358 MODULE 2C ASSIGNMENT 
Commercial Property Insurance 
Homework Questions 2c 
Module 2c 
The following questions pertain to the use of the Special Cause of Loss Form: 
1. A PDI worker accidentally tossed an expensive piece of electronic equipment into the furnace at the manufacturing plant. Is this covered? 
Yes, friendly fire loss is covered under special cause form. 
2. The guest residence in Clear Lake was severely damaged by fire. Actually, most of the damage was from smoke stains an...
![FINA 4358 MODULE 4 ASSIGNMENT](/docpics/62061bf7269a3_1555473.jpg)
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FINA 4358 MODULE 4 ASSIGNMENT
- Exam (elaborations) • 2 pages • 2022
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- $8.98
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FINA 4358 MODULE 4 ASSIGNMENT 
Commercial Property insurance 
Homework Questions 
Module 4 
1. We have quite a markup on our pressure vessels (a $400,000 vessel sells for $750,000). What would we collect if we lose one and why can’t we collect the sales price? 
Collect $400,000; PDI does not have Manufacturing’s Selling Price. 
2. Our main warehouse has a replacement cost of $10 million if we rebuild it out of wood as it now stands. However, I know we’d go back with a steel building at hal...
![FINA 4358-CHAPTER 1 QUIZ](/docpics/62061a1740064_1555460.jpg)
-
FINA 4358-CHAPTER 1 QUIZ
- Exam (elaborations) • 6 pages • 2022
-
- $10.77
- + learn more
FINA 4358-CHAPTER 1 QUIZ 
Chapter 1 Introduction to Financial Reporting Homework 
Q 1-1. Discuss the role of each of the following in the formulation of accounting principles: 
a. American Institute of Certified Public Accountants – important role in the private sector in establishing GAAP 
b. Financial Accounting Standards Board – a basis for evaluating the existing standards of financial accounting and reporting 
c. Securities and Exchange Commission – regulate securities trading in nati...
![FINA 4358 MODULE 1 QUIZ (FINA4358MODULE1QUIZ)](/docpics/62061b0c6ab48_1555467.jpg)
-
FINA 4358 MODULE 1 QUIZ (FINA4358MODULE1QUIZ)
- Exam (elaborations) • 2 pages • 2022
-
- $8.98
- + learn more
FINA 4358 MODULE 1 QUIZ 
Commercial Property Insurance 
Homework Questions 
Module 1 
1. One of the steps in the “risk management process” is ‘analyzing exposures. What does this step entail? 
The ‘analyzing exposures’ step in the “risk management process” entails estimating the significance of possible losses identified in the ‘identifying loss exposure’ step. There are four dimensions of analyzing exposures: 
- Loss frequency: number of losses within a time period 
- Loss sev...
FINA 4358 MODULE 5 ASSIGNMENT QUESTIOND 
AND ANSWERS
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