Principal agent con Study guides, Class notes & Summaries

Accumulated Depreciation - ANSWER-The total decrease in an item's value over a period of time. Formula: (Annual Depreciation x Number of years used) Actual Cash Value (ACV) - ANSWER-A valuation method used by insurers to reflect an item's current market value right before being damaged or destroyed. Formula: (Replacement cost - Accumulated Depreciation) Adhesion - ANSWER-One of the characteristics of an insurance contract. Means that one party (the insurer) sets the terms, and the other ...

California Life, Accident and Health Course Exam 1-3|130 Question 2024 Update 100% Correct California Life, Accident and Health Course Exam 1-3|130 Question 2024 Update 100% Correct 105. Question #90543 The formula that is used to determine how much is taxable during the payout is the: AMortality ratio B7 pay test CMorbidity ratio DExclusion ratio: d Explanation: The exclusion ratio is the formula which is used by the IRS to determine how much is taxable to an annuitant during the pa...

1. Who are the stakeholders in the loan process? The stakeholders in the loan process are: the borrower, the lender, the contracting compa- ny, and the NSA(Notary Signing Agent) 2. Who hires an NSA? An NSA is hired by a contracting company to provide signing services and oversee the actual loan signing with the bor- rower. 3. What is a contracting company? A closing company could be: -closing agent -bank -escrow company -attorney -signing service -borrower's 4. What types of transact...

California became a state: - ANSWER-1850 Bundle of Rights - ANSWER-The right to: Own property Possess property Use property Enjoy property Encumber property or borrow against Dispose property Exclude those who do not share ownership Real Property Consists of: - ANSWER-1. Land 2. That which is affixed to the land 3. That which is appurtenant or incidental to the land 4. That which is immovable by law Under ground water - ANSWER-The landowner has neither ownership of specific un...

Why are the issues of scarcity and choice the basis of economics? - answer-There will never be enough of everything to satisfy everyone completely. There has to be a limit What is the difference between scarcity and shortage - answer-Scarcity-principal that limited amounts of goods and services are available to meet unlimited wants, always exists shortage-lack of something desired, temporary or long-term why does every decision a person makes involves trades offs and opurtunity costs - an...

CPH Exam 90 Questions with Verified Answers Host, agent and environment - CORRECT ANSWER The epidemiologic triangle (triad) describes the occurrence of disease as an interaction between what three factors? -0.9 An odds ratio of -0.9 most strongly indicates a computational error because an odds ratio is calculated using probabilities, which cannot be negative. An odds ratio is the probability that an event will occur divided by the probability that it will not occur. Since probabilitie...

CFE Exam 349 Questions with Verified Answers Falsified Hours & Salary Schemes - CORRECT ANSWER The most common method of misappropriating funds from the payroll is the overpayment of wages. For hourly employees, the size of a paycheck is based on two factors: the number of hours worked and the rate of pay. Therefore, for hourly employees to fraudulently increase the size of their paycheck, they must either falsify the number of hours they have worked or change their wage rate. Common ways ...

RE marketing Powerhouse exam prep 71 Questions with Verified Answers How to build name recognition? - CORRECT ANSWER comes from developing a marketing plan that is outside the box, something that separates you from others. - Post something of value on a neighborhood Facebook page. - Create a YouTube video from your phone about your listings, it will be one of the first to show up on Google. - Donate supplies and backpacks to schools in your market area. - Sponsore a neighborhood n...

Nursing Home Administration Glossary - Terms, prefixes, suffixes, common diagnoses, abbreviations. This is ALL of these others rolled into one. WGU C724 Top Exam Questions with accurate answers, rated A+ Abuse - -(1) Willful intent to cause harm. Abuse may be resident to resident or staff to resident harm.(2) Fraud committed against a public program such as Medicare or Medicaid Accelerated Method of Depreciation - -A depreciation method that allows for larger amounts of depreciation in e...

CFA Level 1 - Corporate Issuers Exam Questions and Answers 2024( A+ GRADED 100% VERIFIED).