Gba 1 exam 2024 Study guides, Class notes & Summaries
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CEBS GBA Exam 1 2024 with 100% correct answers
- Exam (elaborations) • 52 pages • 2024
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Broad view of Employee Benefits (Mod 1.1) - correct answer Considers Employee Benefits to be virtually any form of compensation other than direct wages paid to Employees (Ex: WC, Unemployment, State DI, SS, Vacation, Holidays, 401K/Retirement, Employer share of Medical, Severance Pay, Child Care, etc..) 
 
Narrow view of Employee Benefits (Mod 1.1) - correct answer Any type of plan sponsored or initiated by Employees and Employers and engaged in providing benefits that result from the employ...
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CEBS - GBA 1 - Practice Exam Questions & Answers 2023/2024
- Exam (elaborations) • 18 pages • 2023
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CEBS - GBA 1 - Practice Exam Questions & Answers 2023/2024 
 
 
Which of the following statements correctly describes minimum requirements that group benefit plans typically must meet in order to be prospectively rated on contract renewal? - ANSWER-The more unpredictable the event that will trigger a claim, the larger the minimum group size and premium requirements 
 
Which of the following statements correctly describes the term graduation as it applies to mortality tables? - ANSWER-It is a mat...
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CEBS GBA - Module 1 Exam Questions & Answers 2023/2024
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CEBS GBA - Module 1 Exam Questions & Answers 2023/2024 
 
 
Fringe Benefits - ANSWER-Addition of benefits as an offset to higher labor 
 
Broad View - ANSWER-"Virtually any form of compensation other than direct wages" 
 
Limited (Narrow) View - ANSWER-Benefits that stem from an employment relationship, not underwritten or paid for directly by the government 
 
Reasons for growth in Employee Benefit Plans - ANSWER-Business, tax legislation, collective bargaining, efficiency of the approach 
 
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CEBS GBA Exam 1 Questions & Answers 2024
- Exam (elaborations) • 52 pages • 2024
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CEBS GBA Exam 1 Questions & Answers 2024 
 
 
Broad view of Employee Benefits (Mod 1.1) - ANSWER-Considers Employee Benefits to be virtually any form of compensation other than direct wages paid to Employees (Ex: WC, Unemployment, State DI, SS, Vacation, Holidays, 401K/Retirement, Employer share of Medical, Severance Pay, Child Care, etc..) 
 
Narrow view of Employee Benefits (Mod 1.1) - ANSWER-Any type of plan sponsored or initiated by Employees and Employers and engaged in providing benefits t...
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CEBS GBA Exam 2 Questions & Answers 2023/2024
- Exam (elaborations) • 89 pages • 2023
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CEBS GBA Exam 2 Questions & Answers 2023/2024 
 
 
What is the basic assumption underlying concept of a free market and how is it challenged by the theory of "bounded rationality?" (Mod 1.1) - ANSWER-Assumption that rational customers will make informed decisions about value, quality and price, while producers who meet consumer's demands will be rewarded with market share and profit. However this is challenged by the consumer's "bounded rationality" - rational consumer is only functional u...
And that's how you make extra money
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CEBS - GBA 1 - Practice Exam 2024 with 100% correct answers
- Exam (elaborations) • 18 pages • 2024
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Which of the following statements correctly describes minimum requirements that group benefit plans typically must meet in order to be prospectively rated on contract renewal? - correct answer The more unpredictable the event that will trigger a claim, the larger the minimum group size and premium requirements 
 
Which of the following statements correctly describes the term graduation as it applies to mortality tables? - correct answer It is a mathematical process that removes anomalies tha...
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CEBS GBA Exam 1 2024|Questions with Complete Solutions| Verified
- Exam (elaborations) • 58 pages • 2024
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Broad view of Employee Benefits (Mod 1.1) - Considers Employee Benefits to be virtually 
any form of compensation other than direct wages paid to Employees (Ex: WC, Unemployment, 
State DI, SS, Vacation, Holidays, 401K/Retirement, Employer share of Medical, Severance Pay, 
Child Care, etc..) 
Narrow view of Employee Benefits (Mod 1.1) - Any type of plan sponsored or initiated by 
Employees and Employers and engaged in providing benefits that result from the employment 
relationship and that are ...
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CEBS - GBA 1 Practice Exam Questions and Answers Latest 2023/2024 (100% Verified)
- Exam (elaborations) • 17 pages • 2023
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- $11.49
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CEBS - GBA 1 Practice Exam Questions and Answers Latest 2023/2024 (100% Verified). Which of the following statements correctly describes minimum requirements that group benefit plans typically must meet in order to be prospectively rated on contract renewal?: The more unpredictable the event that will 
trigger a claim, the larger the minimum group size and premium requirements 
2. Which of the following statements correctly describes the term graduation 
as it applies to mortality tables?: It is...
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CEBS - GBA 1 Practice Exam Questions and Answers Latest 2023/2024 (Verified)
- Exam (elaborations) • 17 pages • 2023
-
- $12.49
- + learn more
CEBS - GBA 1 Practice Exam Questions and Answers Latest 2023/2024 (Verified). Which of the following statements correctly describes minimum requirements that group benefit plans typically must meet in order to be prospectively rated on contract renewal?: The more unpredictable the event that will 
trigger a claim, the larger the minimum group size and premium requirements 
2. Which of the following statements correctly describes the term graduation 
as it applies to mortality tables?: It is a ma...
-
CEBS - GBA 1 - Practice Exam Questions & Answers 2024
- Exam (elaborations) • 18 pages • 2024
-
Available in package deal
-
- $9.99
- + learn more
CEBS - GBA 1 - Practice Exam Questions & Answers 2024 
 
 
Which of the following statements correctly describes minimum requirements that group benefit plans typically must meet in order to be prospectively rated on contract renewal? - ANSWER-The more unpredictable the event that will trigger a claim, the larger the minimum group size and premium requirements 
 
Which of the following statements correctly describes the term graduation as it applies to mortality tables? - ANSWER-It is a mathemat...
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