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

LOMA 291 Module 1 with Complete Solutions 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 t...

LOMA 291 Module 1 Exam with correct Answers

LOMA 291 Module 1 Exam with Correct Answers Updated Regulators and rating agencies expect an insurer to have an ERM program - Answer-When evaluating a company, they review The quality and effectiveness of the company's ERM program The risks the company faces Its strategies for managing risks The following statements pertain to enterprise risk management in a typical financial services company. Select each correct statement. a. ERM targets not only risks that threaten a company's viabil...

accountability - The duty to answer for one's own actions. An audit is an example of a [steering / feedback] control, which is used [during / after] a business process. a. steering / during b. feedback / during c. steering / after d. feedback / after - D. - An audit takes place after a business process, and is therefore an example of a feedback control. Anya recently received a promotion to claims supervisor. Anya is likely to be responsible for which of the following duties? Choose al...

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...

LOMA 291 Module 1 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...

LOMA 291 Module 1 Questions and Answers 100% Pass 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...

LOMA 291 Module 1 Exam Questions and Answers (verified Answers)

Stakeholders (consituents) - 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. Stockholder - ANSWERWe 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 stoc...