QUESTION: 189

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

Audit Insurance Act
Company Corporate Act
Sarbanes-Oxley Act
Financial Reporting ct

Answer(s): C

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QUESTION: 190

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

State Insurance Statutes
Committee of Sponsoring Organization
Trade Organizations/Associations
Accounting Firms and Business Partners

Answer(s): B

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QUESTION: 191

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

capital adequacy insurance
deferred policy acquisition
capital loss
trading cost acquisition

Answer(s): B

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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.

Financial planning
Accrual planning
Surplus relief
Financial budgets

Answer(s): A

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Free CFE Exam Braindumps (page: 49)

QUESTION: 189

QUESTION: 190

QUESTION: 191

QUESTION: 192

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