Cpcu 500 exam stuvia 2023 - Study guides, Class notes & Summaries

For public entities such as cities, counties and public utilities, which one of the following is normally the most important post-loss risk management goal? Choose one answer. A. Growth B. Profitability C. Continuity of operations D. Earnings stability - ANSWERSC. Continuity of operations Which one of the following is the goal of enterprise-wide risk management (ERM)? Choose one answer. A. Coordinate loss reduction efforts B. Reduce risk management costs C. Decentrali...

Which one of the following statements is correct regarding the challenges of delivering messages to internal and external stakeholders? Select one: A. When you suspect a person's comments are the result of a hidden agenda, it is best to leave them unaddressed. B. When addressing individuals of different status levels, it is best to ask for ideas from lower-level persons before turning to those of higher standing. C. When you need to persuade your audience, it is best to use reason r...

Autonomous Vehicle Applications (AVA) is a start-up company that develops safety technologies that can be sold to companies that are producing autonomous vehicles. One technology AVA is developing allows an autonomous vehicle to detect, extract, and analyze images; and then to respond to the images. For example, the technology would detect a presence in a crosswalk, extract the image, and a computer would analyze the image. When the image was determined to be a human being, the vehicle would slo...

Which one of the following technologies can provide the infrastructure upon which smart contracts are built and implemented? Select one: A. Wearables B. Telematics C. Blockchain D. Machine learning - ANSWERSC. Blockchain Leasing is a useful noninsurance risk control transfer because Select one: A. The lessor loses the ability to use the property for the remainder of the lease in the event of damage to the property. B. The lessee stands to lose the property's rental income in the ...