Actuarial procedures Study guides, Class notes & Summaries

ERISA - Answer- Employee Retirement Income Security Act 1974 SOC Reports - Answer- Service Organization Controls: for external vendors SOC 1 - Answer- Internal Controls & Financial reports; used by auditors SOC 2 - Answer- Security, availability, processing integrity, confidentiality and privacy controls;used by management, regulators, and others under an NDA SOC3 - Answer- Same as SOC2, but available for public use. Tribble V Edison - Answer- Landmark court case re fiduciary resp...

CEBS: GBA/RPA 3 (new curriculum) latest update 100% pass ERISA Employee Retirement Income Security Act 1974 SOC Reports Service Organization Controls: for external vendors SOC 1 Internal Controls & Financial reports; used by auditors SOC 2 Security, availability, processing integrity, confidentiality and privacy controls;used by management, regulators, and others under an NDA SOC3 Same as SOC2, but available for public use. Tribble V Edison Landmark court case re fiduciary responsibility pe...

CPA Audit- Exam Questions And Answers the primary objective of an auditor when considering the acceptance of an initial audit engagement of a nonissuer is to: a) establish whether the preconditions for an audit are present b) agree w mgt on timing the tests at interim c) limit the auditor's responsibility if mgt fails to provide written representations d) specify the degree to which mgt intends to rely on the auditor's testing of internal ctrls - ANS- establish whether the precondition...

EPPP Assessment Guaranteed Success Psychological Assessment - The process of using psychological tests, clinical interviews, behavioral observations, and other assessment tools to gather data on an individual's cognitive, social, and behavioral functioning for the purpose of: - Description - Classification - Prediction - Intervention Examiner Qualifications - Level A: Can be administered and interpreted by a non-psychologist. - Level B: Requires some technical knowledge of test construc...

AAPC - Medical Terms for Billing & CodingAblation - correct answer Erosive process is performed surgically to eliminate or remove Abuse - correct answer A range of the following improper behaviors or billing practices including, but not limited to: billing for a non-covered service: misusing codes on the claim (i.e., the way the service is coded on the claim does not comply with national or local coding guidelines or is not billed as rendered); or inappropriately allocating costs ...

PSY 657 Final Exam (Chapters: 4, 10, 12, 16, 17) Comprehensive Q&A actuarial procedures *Ans* Methods whereby data about subjects are analyzed by objective procedures or formulas rather than by human judgments. Acturial Procedures *Ans* analysis of dreams *Ans* A psychoanalytic technique that attempts to shed light on unconscious material. Because dreams are regarded as heavily laden with unconscious wishes in symbolic form, the analysis of dreams is believed to provide important clu...

Florida Life and Health Insurance Practice Questions with Certified Solutions Within how many days must a licensee notify the Department of Financial Services of a change in address? 30 All of the following entries are classified under the four principal areas of Florida insurance law EXCEPT... An agent's commission Which of the following factors is NOT considered when the Department of Financial Services determines if an agent's home is an insurance agency? The amount of premium collected ...

Counseling (Assessment & Diagnosis) correct answers designed to help the client gain a perspective on how they behave Self-knowledge (Assessment & Diagnosis) correct answers Used to help client learn how to make better decisions and to take responsibility for their own actions Value judgment (Assessment & Diagnosis) correct answers carefully considering accumulated data to ensure that it is complete and accurate in order to make an interpretation or inference Decision making (Assess...

Within how many days must a licensee notify the Department of Financial Services of a change in address? - 30 All of the following entries are classified under the four principal areas of Florida insurance law EXCEPT... - An agent's commission Which of the following factors is NOT considered when the Department of Financial Services determines if an agent's home is an insurance agency? - The amount of premium collected at this location Florida requires that an insurance agent must comple...

peril - ANSWER the immdeiate specific event causing loss and giving rise to risk hazard - ANSWER any factor that gives rise to a peril physical hazard - ANSWER individual characteristics that increase chance of peril *physical condition, past medical history, condition at birth moral hazard - ANSWER tendencies that people may have that increase risk and chance of loss *drug addiction and alcholism morale hazard - ANSWER individual tendencies that arise from an attitude or state of m...