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

controller - ANSWERdirects the accounting and financial reporting function financial accounting - ANSWERThe field of accounting that focuses primarily on reporting a company's financial accounting information to meet the needs of the company's external stakeholders. premium taxes - ANSWERpercentage of premium income received treasury operations - ANSWERmanages liquidity, tracks cash flow, banking. short term. fixed-income investments - ANSWERmost types of insurer investments are th...

Stakeholders (consituents) - A party that has an interest in how a company conducts its business. Also known as a constituent. Dividend - Compensation that a company may pay to owners upon a vote by the company's board of directors. Stockholder - 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 votes to make a payment to the stockholders. The paym...