2024 cpcu Study guides, Class notes & Summaries

CPCU 530 LATEST QUESTIONS AND ANSWERS 2023/2024

CPCU Ethics Test Questions & Answers 2024/2025 Ethical behavior is based on - ANSWERSreasoned consideration of all issues surrounding a conflict Morality is - ANSWERSuniversal and basic to human relationships Maintaining high ethical standards is best associated with - ANSWERSknowledge of law and regulations The Sarbanes-Oxley federal law requires that publicly traded companies identify principal ethics officers, create anonymous hotlines for reporting unethical behavior, and - ANS...

CPCU Virtual Exam | Questions with 100% Correct Answers | Latest Update 2024 | Verified

CPCU 540 EXAM 2024 WITH 100% CORRECT ANSWERS Why is it so important for a corporation to adopt a code of ethics? - correct answer . A code of ethics provides a means of actively managing ethics in the workplace. The treasurer of a corporation has decided to implement changes to the corporation's capital structure for the coming fiscal year. She plans to raise more capital through long-term debt, rather than alternate sources. With the implementation of these changes, she expects the tot...

CPCU 540 EXAM 2024 WITH 100% CORRECT ANSWERS Which one of the following would best be the reason for maximization of shareholder wealth as a goal of corporate finance 1. To assist in meeting regulatory requirements 2. To maintain a market to raise additional capital 3. To maintain the integrity of the corporate identity 4. To retain customers in a competitive marketplace - correct answer To maintain a market to raise additional capital Sarbanes-Oxley prompted the SEC to issue int...

CPCU 500,Becoming a Leader in Risk Management and Insurance Exam Prep | Questions and Verified Answers| 100% Correct (Latest 2023/ 2024 Update) Q: Loss Exposure Answer: Any condition or situation that presents a possibility of loss, whether or not an actual loss occurs 3 Elements of a Loss Exposure: -An asset exposed to loss -Cause of loss (peril) -Financial consequences of that loss Q: Types of Loss Exposures Answer: Property Loss Liability Loss Personnel Loss Net...

In the context of risk, the chance of being injured while driving to and from work, loading a truck at work, moving furniture at home, or falling in an icy parking lot at the mall are all examples of A. Possibilities. B. Uncertainties. C. Probabilities. D. Losses. - correct answerA. Possibilities. The statement, "There is a five percent chance that John will be injured in an automobile accident while driving to work tomorrow," is an example of A. Quantifying risk. B. Verif...

2024 CPCU 552, CP&L FINAL EXAM WITH 200 QUESTIONS AND CORRECT ANSWERS (100% CORRECT) Railroad owners commonly require contractors to purchase a Railroad Protective Liability Coverage Form. Which one of the following statements about this form is true? - ANSWER-One of the coverage limits applies to physical damage to property owned by or leased or entrusted to the railroad Which one of the following statements about the general aggregate limit under a Commercial General Liability (CGL...

2024 CPCU 552 REAL EXAM WITH ALL 100 QUESTIONS AND CORRECT DETAILED ANSWERS (GUARANTEED PASS!!) Assuming the policy is written on an occurrence basis, how much of the general aggregate limit, if any, remains if the following claims have been paid under the policy? -a premises/operations liability claim of $600,000 -a products liability claim of $1,200,000 $3,000 of medical expenses to a customer injured on the premises. -a personal and advertising injury liability claim of $300,000 ...