Loma 308 - Study guides, Class notes & Summaries

loma 308 module.1

loma 308 module.1

LOMA 308 Module 3 Exam Questions and Answers All Correct A graphical scheduling tool that separates projects into critical activities and plots starting and ending dates for each activity. Flow chart Gantt chart PERT network - Answer-Gantt chart A project scheduling tool that helps shorten the length of time needed to complete large, complex projects. Flow chart Gantt chart PERT network - Answer-PERT network A graphic representation of a sequence of activities and decisions. Flow ...

LOMA 308 Module 2 Exam Questions and Answers All Correct The Amber Insurance Company is designing a new life insurance product and has identified two important risks associated with the product: A. The risk that inflation rates will increaseB. The risk that the bonds used to back the product will default Amber will be able to diversify Both Risk A and Risk B Risk A only Risk B only Neither Risk A nor Risk B - Answer-Risk B Only - Bond defaults (Risk B) are diversifiable risks because...

LOMA 308 Module 2 Exam Questions with Correct Answers.LOMA 308 Module 2 Exam Questions with Correct Answers.

LOMA 308 Test with Complete Solutions Graded A+ Basic accounting equation - Answer-An equation which states that a company's assets equal the sum of its liabilities and its capital and surplus Generally Accepted Accounting Principles (GAAP) - Answer-A set of financial accounting standards, conventions and rules that stock insurance companies follow when summarizing transactions and preparing financial statements Statutory accounting principles (SAP) - Answer-Accounting standards that all...

LOMA 308 Module 2 questions with complete solutions

LOMA 308 Module 3 questions with correct answers

LOMA 308 Module 1 questions with verified answers

LOMA 308 Module 2 Practice Questions and Answers | 100% Pass Suppose that you want to start your own insurance company. The first thing you need to decide is what kind of structure your company will have. Which organizational structures do you think you can choose from? a. sole proprietorship b. partnership c. corporation - Answer️️ -c. - Laws in most jurisdictions require insurance companies to be organized as corporations. In this lesson, you'll learn why that structure is requir...