Free CFE Exam Braindumps (page: 48)

Page 48 of 105

What focused on the corporate responsibility for the appropriateness of the financial statements and related disclosures for public companies?

  1. Audit Insurance Act
  2. Company Corporate Act
  3. Sarbanes-Oxley Act
  4. Financial Reporting ct

Answer(s): C



Control Environment, Risk Assessment, Control Activities, Information and Communication and Monitoring are all components of:

  1. State Insurance Statutes
  2. Committee of Sponsoring Organization
  3. Trade Organizations/Associations
  4. Accounting Firms and Business Partners

Answer(s): B



Under statutory accounting principles, costs are non-admitted assets and are charged directly to earnings, as their respective expense components are incurred.

  1. capital adequacy insurance
  2. deferred policy acquisition
  3. capital loss
  4. trading cost acquisition

Answer(s): B



A powerful tool for controlling economic events, called encompasses the development of a long-range or strategic plan, the analysis of capital expenditures, the preparation of short-range plans or budgets, and reports to the Board of Directors and the organization.

  1. Financial planning
  2. Accrual planning
  3. Surplus relief
  4. Financial budgets

Answer(s): A



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sena commented on May 31, 2019
I will see if this helps
TURKEY
upvote