- Guides d'étude, Notes de cours & Résumés

LOMA 308 Exam Study Guide with Complete Solutions Transfer payments - Answer️️ -A payment made by a govt for which no goods or services are given in return Intermediation - Answer️️ -The transfer of funds from savers to borrowers through the services of a financial intermediary Product (output) markets - Answer️️ -A market in which businesses supply finished goods and service to households, other businesses and governments Labor markets - Answer️️ -A market in which house...

LOMA 308 Module 3 Study Guide with Complete Solutions Interest on investments, 3 factors affect their growth - Answer️️ -1. Interest rate 2. The type of interest 3. The time period during which the invested principal earns interest Interest rates - Answer️️ -Remember that interest is a fee that individuals and financial institutions pay (or charge) for the use of borrowed money. And the amount of interest earnings depends on the interest rate that's applied to the principal. Int...

LOMA 308 Module 2 Practice Questions and Answers | 100% Pass Suppose that you want to start your own insurance company. The first thing you need to decide is what kind of structure your company will have. Which organizational structures do you think you can choose from? a. sole proprietorship b. partnership c. corporation - Answer️️ -c. - Laws in most jurisdictions require insurance companies to be organized as corporations. In this lesson, you'll learn why that structure is requir...

LOMA 308 Module 2 Exam Questions and Answers All Correct The Amber Insurance Company is designing a new life insurance product and has identified two important risks associated with the product: A. The risk that inflation rates will increaseB. The risk that the bonds used to back the product will default Amber will be able to diversify Both Risk A and Risk B Risk A only Risk B only Neither Risk A nor Risk B - Answer-Risk B Only - Bond defaults (Risk B) are diversifiable risks because...

LOMA 308 Module 3 Exam Questions and Answers All Correct A graphical scheduling tool that separates projects into critical activities and plots starting and ending dates for each activity. Flow chart Gantt chart PERT network - Answer-Gantt chart A project scheduling tool that helps shorten the length of time needed to complete large, complex projects. Flow chart Gantt chart PERT network - Answer-PERT network A graphic representation of a sequence of activities and decisions. Flow ...

LOMA 308 Test with Complete Solutions Graded A+ Basic accounting equation - Answer-An equation which states that a company's assets equal the sum of its liabilities and its capital and surplus Generally Accepted Accounting Principles (GAAP) - Answer-A set of financial accounting standards, conventions and rules that stock insurance companies follow when summarizing transactions and preparing financial statements Statutory accounting principles (SAP) - Answer-Accounting standards that all...

LOMA 308 Module 2 Questions and Answers Suppose that you want to start your own insurance company. The first thing you need to decide is what kind of structure your company will have. Which organizational structures do you think you can choose from? a. sole proprietorship b. partnership c. corporation - Answer-c. - Laws in most jurisdictions require insurance companies to be organized as corporations. In this lesson, you'll learn why that structure is required. You'll also learn how organ...