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CSP Exam Questions & Answers 2023/2024 A company decides to reflect the worker's compensation losses against the profit function and to determine how many units must be sold to offset these costs. Indirect costs are five times direct costs and there is a profit margin of 15% on each unit sold and the worker's compensation for the last year were $90,000. What is the volume in sales needed to offset the worker's compensation losses, when the losses are treated as production costs? - ANSWER...

Supporting information under an Account (11) -Correct Answer 1. Summary 2. Contacts 3. Location 4. Participants 5. Transactions 6. Submission Manager 7. Policies and UW files 8. Documents 9. History 10. Notes 11. Related Accounts Types of Policy Transactions (6) -Correct Answer 1. Submission 2. Change 3. Renew 4. Cancelled 5. Rewritten 6. Reinstated Jobs can be started in 3 ways -Correct Answer 1. By users through Actions menu 2. External systems through API's 3. PC bat...

Michigan P & C Insurance Exam Test. Questions and answers. 100% Verified. Rated A Termination of Insurance for auto and home must be sent to last know address no later than - 30 days before cancellation Termination of casualty insurance cannot take place until- from the mailing date - 10 days PIP in auto insurance covers individual care from a family member for - a limit of $20 a day for three years limited collision - shall pay for collision damage to the insured vehicle without a...

California Property and Casualty Exam Questions and Answers 100% Pass Which of the following is incorrect? Part A covers long term care Part A covers hospital care Part B covers physicians Part B requires monthly premium payments - Correct Answer ️️ -Part A covers long term care Medical payments coverage under the personal auto policy applies for medical bills insured up to how long after an accident? One year Five years Three years Two years - Correct Answer ️️ -Three years...

NASCLA Test 1 Exam Questions and Answers, Latest Update 2024/2025 (Graded A+) Benchmarking Tool 2. Select two standard components of a business plan: answer- 1. Marking Strategy 2. Executive Strategy 3. is the biggest drawback of a sole proprietorship.: answer- Unlimited Personal Liability 4. If you are a sole proprietor and complete work under a name that is not your NASCLA Test 1 Exam Questions and Answers | Latest Update 2024/2025 | Graded A+ 2 / 8 own, you would be required to file...

PROPERTY & CASUALTY QUESTIONS GA EXAM QUESTIONS AND ANSWERS 100% PASS The arbitration clause in a personal auto policy would be used in which of the following circumstances? A. The ins company and a pedestrian struck by the insured's auto cannot reach an agreement regarding the settlement of a claim. B. The insured and an injured 3rd party cannot reach an agreement regarding the settlement of a claim. C. The court have ruled against an injured 3th party. - Correct Answer ️️ -B. The ...

NC Medicare Supplement & Long Term Care Insurance Licensing Exam Questions and Answers Medicare - Answer- Health insurance for those over age 65, people under 65 with certain disabilities & those with ESRD (end stage renal disease - permanent kidney failure requiring dialysis or kidney transplant) CMS - Answer- Centers for Medicare and Medicaid Services administers the Medicare program. Social Security Administration handles most of the enrollment & plays a role in claims appeal process....

PROPERTY & CASUALTY QUESTIONS GA EXAM QUESTIONS AND ANSWERS 100% PASS The arbitration clause in a personal auto policy would be used in which of the following circumstances? A. The ins company and a pedestrian struck by the insured's auto cannot reach an agreement regarding the settlement of a claim. B. The insured and an injured 3rd party cannot reach an agreement regarding the settlement of a claim. C. The court have ruled against an injured 3th party. - Correct Answer ️️ -B. The ...

Georgia insurance laws exam questions and answers 100% correct A temporary agent may: - Correct Answer ️️ -Continue existing business but not sell new policies. Premium rates that are so low that they tend to destroy competition by creating a monopoly are referred to under Georgia insurance laws as: - Correct Answer ️️ - Inadequate An agent cannot hold a license for the purpose of buying insurance at a discount for the agent or associates. Such insurance is referred to as "contr...

XCEL SOLUTIONS PROPERTY & CASUALTY EXAM | QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+ An earned premium resulting from the cancellation of a policy is calculated on: Correct Answer: On a pro rata basis, based on the previous year's rate M owns a parking garage & has coverage that states: "We will cover losses regardless if you are legally liable for the loss." This no-fault ideology will be found under: Correct Answer: Excess Direct Coverage An insurance company w...