Loma 291 module 1 - Study guides, Class notes & Summaries

stakeholder - ANSWERA party that has an interest in how a company conducts its business. Also known as a constituent. dividend - ANSWERCompensation that a company may pay to owners upon a vote by the company's board of directors. financial professional - ANSWERIn insurance sales, any individual—including agents, bank-affiliated sales personnel, and brokers—who is licensed to sell insurance products, solicit sales, or negotiate insurance contracts. reinsurance - ANSWERInsurance that...

Stakeholders (consituents) - Correct Answer A party that has an interest in how a company conducts its business. Also known as a constituent. Dividend - Correct Answer Compensation that a company may pay to owners upon a vote by the company's board of directors. Stockholder - Correct Answer We stockholders expect the company to grow steadily. We expect to earn a reasonable return, sometimes in the form of dividends. Do you know what a dividend is? Sometimes the board of directors vo...

LOMA 291 Module 2 Lesson 1 Exam Questions and Answers

stakeholder - Correct Answer A party that has an interest in how a company conducts its business. Also known as a constituent. dividend - Correct Answer Compensation that a company may pay to owners upon a vote by the company's board of directors. financial professional - Correct Answer In insurance sales, any individual—including agents, bank-affiliated sales personnel, and brokers—who is licensed to sell insurance products, solicit sales, or negotiate insurance contracts. rein...

LOMA 291 Module 4 Lesson 1 Questions with complete solution 2024controller - correct answer directs the accounting and financial reporting function financial accounting - correct answer The field of accounting that focuses primarily on reporting a company's financial accounting information to meet the needs of the company's external stakeholders. management accounting - correct answer The field of accounting that focuses primarily on reporting and presenting a company's financial inform...

LOMA 291 Module 4 Lesson 1controller - correct answer directs the accounting and financial reporting function financial accounting - correct answer The field of accounting that focuses primarily on reporting a company's financial accounting information to meet the needs of the company's external stakeholders. management accounting - correct answer The field of accounting that focuses primarily on reporting and presenting a company's financial information to meet the needs of the company...