Actuary exam 1 2 of 3 - Study guides, Class notes & Summaries

Explain the difference between strategy, strategic planning, and strategic plan - Answer -strategy: thoughtful, deliberate plan of action; chooses to be clear about the company's direction in relation to what is happening in a dynamic environment; answers the question "how?" as in how will we achieve our aim of creating and nurturing a successful insurance company -strategic planning: the process used to create the strategic plan; runs an ERM analysis, which determines risk and opportunitie...

CDFA Exam Study Materials Test Questions And Answers 5-year cliff vesting - CORRECT ANSWER- An employee who has at least five years of service must have a non-forfeitable right to 100% of the employee's accrued benefit [IRC §411(a)(2)(A)]. 3- to 7-year vesting (7-year graded vesting) - CORRECT ANSWER- An employee who has completed at least three years of service must have a non-forfeitable right to at least the following percentages of his or her accrued benefit: 20% after three ye...

an insurance contract requires that both the insured and the insurer meet certain conditions in order for the contract to be enforceable. What contract characteristic does this describe? 1. aleatory 2. unilateral 3. conditional 4. contingent - Answer- conditional if consumer requests additional information concerning an investigative consumer report., how long does the insurer or reporting agency have to comply 1. 5 days 2. 7 days 3. 10 days 4. 3 days - Answer- 5 days an under...

LOMA 291 Module 1 Study Guide with Complete Solutions Stakeholders (consituents) - Answer️️ -A party that has an interest in how a company conducts its business. Also known as a constituent. Dividend - Answer️️ -Compensation that a company may pay to owners upon a vote by the company's board of directors. Stockholder - Answer️️ -We stockholders expect the company to grow steadily. We expect to earn a reasonable return, sometimes in the form of dividends. Do you know what a d...

Absolute Assignment - ANSWER The assignment by the policy owner of all control and rights to a third party. This differs from collateral assignment, which allows all the rights and control to revert to the owner once a loan is paid off Accident - ANSWER A fortuitous event; unforeseen and unintended Accidental Death Insurance - ANSWER A form of health insurance that provides payment if death of the insured results from accident. Accidental death insurance is often combined with dismembermen...

CCM Glossary Exam 115 Questions with Verified Answers AAPM&R - CORRECT ANSWER American Academy of Physical Medicine and Rehabilitation Access to care - CORRECT ANSWER the ability and ease of clients to obtain healthcare when they need it Accessible - CORRECT ANSWER a term used to denote building facilities that are barrier-free thus enabling all members of society safe access, including persons with physical disabilities. Accountable Care Organization (ACO) - CORRECT ANSWER A set of ...

COMPLETE - Elaborated Test Bank for Federal Tax Research 12E Roby Sawyers & Steven Gill COMPLETE Elaborated Test Bank for Federal Tax Research 12Ed. by Roby Sawyers Steven Gill 2022 Prof.Exams TABLE OF CONTENTS Part I: The Tax Research Environment Chapter 1: Introduction to Tax Practice and Ethics 1.1 Elements of Tax Practice 1.2 Rules and Ethics in Tax Practice 1.3 Nonregulatory Ethical Behavior Models 1.4 Legal Research by Certified Public Accountants Chapter 2: Tax Researc...

Intro to Health Care Final Exam Review According to our text the type of facilities or organizations with the greatest number of jobs in health care are physician offices - ANS True The wellness model is a viewpoint about health that focuses on the treatment of the disease - ANS False The Flint, MI water crisis will mitigate the need for an epidemiological study to be conducted - ANS True In the two decades following 2010, millions of Americans will reach age 6...

CCM EXAM 300 Questions with Verified Answers ACO - CORRECT ANSWER An acronym for Accountable Care Organization Actuary - CORRECT ANSWER A person in the insurance field who decides insurance policy rates and reserves dividends, as well as conducts various other statistical analyses Parternship for Health ACT 1966 - CORRECT ANSWER recognized health promotion and illness prevention as a " State of complete physical, mental, social well being Assessment tool and diagnostic tests - CORRE...

COMPLETE - Elaborated Test Bank for Federal Tax Research 12E Roby Sawyers & Steven Gill COMPLETE Elaborated Test Bank for Federal Tax Research 12Ed. by Roby Sawyers Steven Gill 2022 Prof.Exams TABLE OF CONTENTS Part I: The Tax Research Environment Chapter 1: Introduction to Tax Practice and Ethics 1.1 Elements of Tax Practice 1.2 Rules and Ethics in Tax Practice 1.3 Nonregulatory Ethical Behavior Models 1.4 Legal Research by Certified Public Accountants Chapter 2: Tax Researc...