Xcel chapter 1 - Study guides, Class notes & Summaries
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XCEL Chapter 1 Exam Review Actual Exam with Questions and Answers (2024 / 2025) 100% Guarantee Pass
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XCEL Chapter 1 Exam Review Actual Exam with Questions and Answers (2024 / 2025) 100% Guarantee Pass
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XCEL Chapter 11 Chapter Exam
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XCEL Chapter 11 Chapter Exam 
1. Maria the insurance producer completes a sale by collecting the required signatures on the 
application and obtaining the initial premium. Afterwards, she deposited the check into a personal 
checking account. Maria committed what crime? 
️ Fraud 
2. Making a statement that is false and maliciously critical of the financial condition of the insurer is 
known as: 
️ Defamation 
3. Which of the following statements is true about an insurer's right ...
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XCEL Chapter 11 - Laws and Rules Exam Questions with Solutions
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XCEL Chapter 11 - Laws and Rules Exam Questions with Solutions
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BTM 200 - Excel Chapter 1 exam questions and answers 2024.
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1) A spreadsheet 
A) is the core of a slide presentation. 
B) is an electronic file that is used to write text and graphics on the web. 
C) is an electronic file that contains a grid of columns and rows for related data. 
D) is another word for a letter written on a computer. 
Answer: C 
 
 
 
2) A spreadsheet PROGRAM is defined as 
A) a software application used to create and modify spreadsheets. 
B) a software application used to create and modify text-based documents. 
C) a software applicati...
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XCEL Chapter 10 Exam Questions with Answers
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XCEL Chapter 10 Exam Questions with Answers 
Which of the following is NOT a federal requirement of a qualified plan? 
A. Must benefit a broad cross-section of employees 
B. Employee must be able to make unlimited contributions 
C. Vesting schedule must be defined 
D. Employer establishes the plan - Answer-Employee must be able to make unlimited contributions 
 
Which of the following employers is required to follow ERISA regulations? 
A. A local government with 150 employees 
B. A church with 3...
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XCEL Chapter 11 - Laws and Rules questions and answers
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XCEL Chapter 11 - Laws and Rules questions and answers
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XCEL Chapter 11 Exam Questions with Correct Answers
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XCEL Chapter 11 Exam Questions with Correct Answers 
 
What does the Consolidated Omnibus Budget Reconciliation Act (COBRA) of 1985 allow an employee to do? 
A. In the event of employment termination, group health insurance can be kept if the employee pays the premiums 
B. Receive a tax credit to help offset the cost of health insurance 
C. Remain on their current coverage for 30 months 
D. In the event of employment termination, group health insurance can be kept if the employer pays the premiu...
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XCEL Chapter 1 Exam Review 2024 Questions and Answers
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XCEL Chapter 1 Exam Review 2024 
Questions and Answers 
Stock insurer - Correct Answer ️️ -A non-participating company is also called 
Insurance policy - Correct Answer ️️ -Contract that involves one party which 
indemnifies another when a loss arises from an unknown event 
Mutual - Correct Answer ️️ -A type of insurer that is owned by its policy owners is 
called 
Because dividends are considered to be a return of premium - Correct Answer ️️ -Why 
are dividends from a mutual ins...
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XCEL Chapter 11 Montana laws and rules with 100- correct answers.
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XCEL Chapter 11 Montana laws and rules with 100- correct answers.
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XCEL CHAPTER 12 IDAHO LAWS AND RULES QUESTIONS &ANSWERS 100% CORRECT
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XCEL CHAPTER 12 IDAHO LAWS AND RULES QUESTIONS &ANSWERS 100% CORRECT
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