Free CFE Exam Braindumps (page: 54)

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What provides a detailed study of the insurance company's internal accounting controls over a particular category of transactions?

  1. general risk review
  2. transaction flow review
  3. compliance review
  4. actuary

Answer(s): B



What utilize company-provided financial data to review and approve rate filings and to gather industry statistics?

  1. Boards and bureaus
  2. Boards and risks
  3. Boards and investments
  4. Actuaries and bureaus

Answer(s): A



The role of which functions of an insurance company is to use and manage the funds generated in the other parts of the business to maximize the profitability of the entity as a whole?

  1. cash and credit
  2. investment and treasury
  3. insurance and treasury
  4. investment and revenues

Answer(s): B



What is the main goal of a prudent investment strategy?

  1. risk/return considerations
  2. maximization of investable assets
  3. maintaining sufficient liquidity through an asset-liability matching strategy
  4. All of the above

Answer(s): D



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