package deal of CAS Correctly Answered.

GAAP - correct answer A common set of accounting standards and procedures used in the preparation of financial statements to ensure consistency of presentation and reported results. SAP - correct answer The accounting principles and practices that are prescribed or permitted by an insur...

probability - correct answer - the likelihood that an outcome will occur - is measurable pure risk - correct answer chance of loss/no loss, no chance of gain speculative risk - correct answer chance of loss, no loss, gain credit risk - correct answer risk that customers...

What are the 4 common classifications of underwriting expense? - correct answer 1. Commissions and Brokerage<br>2. Other acquisition<br>3. General<br>4. Taxes, Licenses, and Fees (not including federal income tax) What are the two main sources of underwriting profit? - corr...

What are Cost Accounting Standards (CAS)? - correct answer In 1970 the Cost Accounting Standards Board adopted 19 standards, 401-420 (419 was never assigned) to achieve uniformity and consistency in the cost accounting principles followed by defense contractors and subcontractors under Federal ...

Caryn is promising the participants in her study not to reveal their names, which is called: - correct answer confidentiality The Belmont Report identified three key principles of ethical research: - correct answer respect, beneficence, and justic IRB is an acronym all communication ...

communication - correct answer the use of symbols to represent ideas so that meanings can be shared interpersonal communication - correct answer -using symbols to represent ideas in order to share meanings and create a personal bond between people -inter = between two or more people ...

Actions - correct answer The activities players carry out in pursuit of the game's goals Goals - Element - correct answer The outcome players try to achieve through their play, whether they be measurable or purely experiential Rules - correct answer The instructions for how the...

Language is abstract - correct answer - words stand for objects, people, ideas, etc. but words are not themselves the things that they represent - not bound to the thing it represents Language is arbitrary - correct answer - there is no inherent reason for using a particular word to re...

What is the purpose of an audit? - correct answer To enhance the degree of confidence of intended users in the f/s. CASs require the auditor to obtain? - correct answer Reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether du...

Assessment - correct answer The systematic process or procedure of gathering information in order to come up with a conclusion about the characteristics of people... Test - correct answer This is an assessment tool. A device or procedure for sampling behavior and describing it with cat...

What are the 5 classic Cannons? - correct answer Invention, arrangement, language style, memory, delivery Invention - correct answer generating and selecting content and strategies for speech. Components of the communication model - correct answer sender, receiver, message, cont...

CMC vs. FTF Groups - correct answer FTF Groups: Shared physical settings, synchronous, members are visible, and influence leads to many social cues. CMC Groups: No shared space, asynchronous (more), members are invisible, influence leads to fewer social cues. Reduced Social Cues Model Sprout...