Financial responsiblity - Study guides, Class notes & Summaries

MSLC Staff 1-9 Questions and Answers Already Passed Who coordinates and directs the work of the staff? The CoS for Division or Higher commands, The XO for BDE or lower commands What is the basic staff structure? a Chief of Staff (CoS) or XO Coordinating Staff Special Staff Personal Staff What is a Staff Section? A grouping of staff members by area of expertise under a coordinating, special, or personal staff officer. What is the 'term' for the 'duties and responsibilities inherent in a field...

Management Analyst Exam Prep 90 Questions with Verified Answers Different authorities have conflicting views regarding delegation. However, there seems to be a general agreement that if chief executive A delegates a task to subordinate executive B, Executive B cannot in-turn delegate to junior executive C A. Within organizational policy, to prescribe the methods to be used in performing the task. B. Responsiblity for direct supervision of the task to be performed. C. The duty to insure t...

NY State Vehicle Financial Responsiblity Law - 1. All vehicles except for emergency vehicles must carry liability insurance. Insurance satisfies the states requirement that auto owners have enough funds to pay for losses that they are legally liable for. 2. Proof of coverage must be carried. *Must include name and address of provider 3. Both the owner and the driver are legally liable for accidents. 4. The vehicle owners insurance is PRIMARY and will indemnify both the owner of the vehicle...

Agent/Producer - Answer-A legal representative of an insurance company Broker - Answer-An insurance producer not appointed by an insurer and whom represents the client Insured - Answer-A person covered by an insurance policy Insurance policy - Answer-A legal contract between a policyowner (and/or insured) and an insurance company which agrees to pay the insured/beneficiary for losses caused by specific events Principal - Answer-Insurer, company who issues insurance policies Policyowner - A...

NY State Vehicle Financial Responsiblity Law - 1. All vehicles except for emergency vehicles must carry liability insurance. Insurance satisfies the states requirement that auto owners have enough funds to pay for losses that they are legally liable for. 2. Proof of coverage must be carried. *Must include name and address of provider 3. Both the owner and the driver are legally liable for accidents. 4. The vehicle owners insurance is PRIMARY and will indemnify both the owner of the vehicle...

NY State Vehicle Financial Responsiblity Law - 1. All vehicles except for emergency vehicles must carry liability insurance. Insurance satisfies the states requirement that auto owners have enough funds to pay for losses that they are legally liable for. 2. Proof of coverage must be carried. *Must include name and address of provider 3. Both the owner and the driver are legally liable for accidents. 4. The vehicle owners insurance is PRIMARY and will indemnify both the owner of the vehicle...

Health Insurance (Exam FX) Questions and Answers 100% pass Agent/Producer - Answer- A legal representative of an insurance company Broker - Answer- An insurance producer not appointed by an insurer and whom represents the client Insured - Answer- A person covered by an insurance policy Insurance policy - Answer- A legal contract between a policyowner (and/or insured) and an insurance company which agrees to pay the insured/beneficiary for losses caused by specific events Principal - Ans...

Health Insurance (Exam FX) Questions and Answers 100% pass Agent/Producer - Answer- A legal representative of an insurance company Broker - Answer- An insurance producer not appointed by an insurer and whom represents the client Insured - Answer- A person covered by an insurance policy Insurance policy - Answer- A legal contract between a policyowner (and/or insured) and an insurance company which agrees to pay the insured/beneficiary for losses caused by specific events Principal - Ans...

Advertising - Answer-A communication tool using objectives and strategies to impact consumer thoughts, feelings, and actions. 2 requirements: centralized exchange, supply surpasses demand Central exchange and supply surpasses demand - Answer-the 2 requirements for advertising; central exchange is a currency transaction supply surp is just to make sure you have enough to go around and keep consumers satisfied Marketing Communications (Mar Com) - Answer-Tools used to communicate with custome...

NY State Vehicle Financial Responsiblity Law - 1. All vehicles except for emergency vehicles must carry liability insurance. Insurance satisfies the states requirement that auto owners have enough funds to pay for losses that they are legally liable for. 2. Proof of coverage must be carried. *Must include name and address of provider 3. Both the owner and the driver are legally liable for accidents. 4. The vehicle owners insurance is PRIMARY and will indemnify both the owner of the vehicle...