AINS 103 Exam Questions and Answers – Updated 2024
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Course
2024/2025
Institution
2024/2025
AINS 103 Exam Questions and Answers –
Updated 2024
Which one of the following best describes real property?
Select one:
A. Property being shipped to or from others.
B. Business personal property that includes furniture, machinery and equipment, and
stock/inventory.
C. Tangible property tha...
D. Property damage liability. - Answer✔✔-A. Cyber extortion of trade secrets.
As part of its assessment of its cyber risk, an organization should consider whether there are
any intangible property exposures. Which one of the following would best be classified as an
intangible property loss?
Select one:
A. Two disgruntled employees use the computer system to transfer office funds into their own
personal bank accounts.
B. The computer system is hacked and data including credit card numbers are stolen.
C. Thieves break into the main office and steal several desktop computers.
D. There is a fire in the storage area which destroys the backup copy of the office computer
system. - Answer✔✔-B. The computer system is hacked and data including credit card numbers
are stolen.
A commercial building may contain furniture, machinery and equipment and finished products.
Which one of the following is the term generally used in property insurance policies to refer to
all these types of property?
Select one:
A. Business personal property
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