Occ ethics exam 1 - Study guides, Class notes & Summaries

OCC Ethics Exam 1 Questions & Answers 2024/2025 Why does Hobbes think that we are obligated to keep our agreements? - ANSWERSWe keep our agreements because it is apart of the social contract, it is mutually beneficial and it is better to work together than to go against each other and be in a state of nature. Safety. What is cultural differences arguments? - ANSWERSDifferent cultures have different moral codes. Therefore, there is no objective "truth" in morality. Right and wrong are o...

Hawaii Insurance exam Questions and Answers 100% pass The Insurance Commissioner must examine an insurer at least once every? - Answer- 5 years How many days in advance must a notice of a hearing on unfair trade practices be sent? - Answer- 15 days The fine PER violation for UNKNOWINGLY committing an unfair or deceptive act in the business of insurance is: - Answer- $1,000 The fine PER violation for KNOWINGLY committing an unfair or deceptive act in the business of insurance is: - Answe...

Hawaii Insurance exam Questions Answered 100% correct The Insurance Commissioner must examine an insurer at least once every? 5 years How many days in advance must a notice of a hearing on unfair trade practices be sent? 15 days The fine PER violation for UNKNOWINGLY committing an unfair or deceptive act in the business of insurance is: $1,000 The fine PER violation for KNOWINGLY committing an unfair or deceptive act in the business of insurance is: $5,000 The MA...

USPAP 15-hour Exam 64 Questions and Answers Appraisal - CORRECT ANSWER The act or process of developing an opinion of value Appraisal practice - CORRECT ANSWER Valuation services performed by an individual acting as appraiser; including but not limited appraisal and appraisal review Appraisal review - CORRECT ANSWER The act or process of developing an opinion about the quality of another's appraisers work Appraiser - CORRECT ANSWER One who is expected to perform valuation services c...

APPRAISAL EXAM 1 Basic Principles Q&A Correctly Solved 100% When are appraisers needed? *** to set asking/offering prices, settle estates, refinance, divorce, taxes, rental rates, valuation, condemnation & foreclosure Appraiser *** One who is expected to perform valuation services competently & in a manner that is independent, impartial & objective. Attributes of an Appraiser *** competent, independent, impartial, objective, prompt, organized, educated, honest & diligent Appraiser...

15-Hour National USPAP Exam 102 Questions with Answers What are the 4 sections of USPAP? - CORRECT ANSWER -preamble -definitions -rules -standards (including standards rules) Benefits of USPAP - CORRECT ANSWER -provides a common basis for comparison -provides a reference source for all users of the document -provides a basis for uniform enforcement for state regulatory agencies -provides a reason for clients, other intended users, and the public to place their trust in the services p...

E Codes - correct answer For durable medical equipment for use in home Chief Complaint (CC) - correct answer The reason the patient came to see the physician. Past, Family and Social History (PFSH) - correct answer Consists of patients personal experiences with illnesses, surgeries, and injuries; Information of illnesses predominant in family; Patients educational background, occupation, marital status and other factors Add on Codes - correct answer Used for procedures that are always p...