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CISMP Exam Prep Exam | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+
Information Assurance 
: The confidence that systems will protect the info they carry and will function as 
and when they need to under legit, authorised users 
information security management system (ISMS) 
: Preservers the CIA of info by applying a risk management process. 
ISMS must be part of and integr. with the org's processes/management structure and 
that InfoSec is considered in the design of processes, IS's and controls 
CIA 
: Confidentiality, integrity, and availability. 
Confid...
- Exam (elaborations)
- • 12 pages •
Information Assurance 
: The confidence that systems will protect the info they carry and will function as 
and when they need to under legit, authorised users 
information security management system (ISMS) 
: Preservers the CIA of info by applying a risk management process. 
ISMS must be part of and integr. with the org's processes/management structure and 
that InfoSec is considered in the design of processes, IS's and controls 
CIA 
: Confidentiality, integrity, and availability. 
Confid...
CIP UNIT 7 Practice Test PART 2 Exam | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+
Which of the following most directly contributed to the developments Eisenhower 
warned "we must guard against"? 
: The growth of the nuclear arsenal 
In an influential 1947 article, diplomat George F. Kennan advocated that the United 
States should 
: focus its foreign policy on containing the spread of Soviet communism 
Which of the following civil rights groups is NOT correctly matched with one of its 
leading figures? 
: Southern Christian Leadership Conference . . Marcus Garvey 
"The ...
- Exam (elaborations)
- • 25 pages •
Which of the following most directly contributed to the developments Eisenhower 
warned "we must guard against"? 
: The growth of the nuclear arsenal 
In an influential 1947 article, diplomat George F. Kennan advocated that the United 
States should 
: focus its foreign policy on containing the spread of Soviet communism 
Which of the following civil rights groups is NOT correctly matched with one of its 
leading figures? 
: Southern Christian Leadership Conference . . Marcus Garvey 
"The ...
CIP C14 Auto - Chapter 1 - Intro to Auto Insurance Exam | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+
1. Identify the two distinct legal systems used in Canada. 
: Quebec Civil Code and Common Law 
2. Why is common law also called "judge-made law"? 
: Common Law is based on precedent, on decisions made by judges in previous 
similar cases. 
3. What is the Civil Code of Quebec? 
: General law that contains all of the basic provisions that govern life in society, 
namely relationships among citizens and the relationships between people and 
property. 
4. Give an example of a law that has been...
- Exam (elaborations)
- • 6 pages •
1. Identify the two distinct legal systems used in Canada. 
: Quebec Civil Code and Common Law 
2. Why is common law also called "judge-made law"? 
: Common Law is based on precedent, on decisions made by judges in previous 
similar cases. 
3. What is the Civil Code of Quebec? 
: General law that contains all of the basic provisions that govern life in society, 
namely relationships among citizens and the relationships between people and 
property. 
4. Give an example of a law that has been...
CIP C11 - CHAPTER 01 (PART 1) Exam | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+
What is insurance? 
: A contract between two parties whereby one party (the insurer) agrees to 
reimburse the 2nd party (the insured), upon a monetary consideration, on a defined 
subject, for losses or liabilities on losses, occurred due to specified perils 
Differentiate between speculative & pure risk 
: Speculative risk implies either a chance of financial loss or a chance of gain, 
whereas in pure risk, there is only the possibility of loss or no loss, but no financial gain 
at all 
Wha...
- Exam (elaborations)
- • 7 pages •
What is insurance? 
: A contract between two parties whereby one party (the insurer) agrees to 
reimburse the 2nd party (the insured), upon a monetary consideration, on a defined 
subject, for losses or liabilities on losses, occurred due to specified perils 
Differentiate between speculative & pure risk 
: Speculative risk implies either a chance of financial loss or a chance of gain, 
whereas in pure risk, there is only the possibility of loss or no loss, but no financial gain 
at all 
Wha...
CIP Exam | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+
Minimal Risk 
: The probability of harm or discomfort...not greater...than those ordinarily 
encountered in daily life or during the performance of routine physical or psychological 
examinations. 
The Belmont Principles 
: Respect for persons, beneficence, and justice 
IRB 
: An administrative body composed of scientists and nonscientists established to 
protect the rights and welfare of human research subjects recruited to participate in 
research activities conducted under the auspices of...
- Exam (elaborations)
- • 47 pages •
Minimal Risk 
: The probability of harm or discomfort...not greater...than those ordinarily 
encountered in daily life or during the performance of routine physical or psychological 
examinations. 
The Belmont Principles 
: Respect for persons, beneficence, and justice 
IRB 
: An administrative body composed of scientists and nonscientists established to 
protect the rights and welfare of human research subjects recruited to participate in 
research activities conducted under the auspices of...
CIP C16 - CH01 - The Insurance Industry in Canada Exam | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+
List the 2 fundamental principles of insurance? 
: - premiums of the many used to pay losses of few 
- premium shall be commensurate with the risk 
Why would an insurer spread risks over divers geographical areas? 
: - soften the burden of localized disasters on insurers 
What is a risk pool? 
: - syndicates of insurance or reinsurance companies that have organized to 
underwrite a particular risk or group of similar risks 
- to share and spread risk between insurers and reinsurers 
Explain the...
- Exam (elaborations)
- • 17 pages •
List the 2 fundamental principles of insurance? 
: - premiums of the many used to pay losses of few 
- premium shall be commensurate with the risk 
Why would an insurer spread risks over divers geographical areas? 
: - soften the burden of localized disasters on insurers 
What is a risk pool? 
: - syndicates of insurance or reinsurance companies that have organized to 
underwrite a particular risk or group of similar risks 
- to share and spread risk between insurers and reinsurers 
Explain the...
CIP - C120 Underwriting Essentials Exam | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+
Definition #1 
: An underwriter is an insurance professional employed to accept or reject risk on 
behalf of an insurer 
Definition #2 
: An underwriter is an investor of shareholder capital 
Definition #3 
: An underwriter is an insurance professional employed to implement an insurer's 
strategic plan 
Complete Definition 
: An underwriter is an insurance professional who invests the capital of an 
insurer's shareholders by accepting or rejecting risk to implement an insurer's strategic ...
- Exam (elaborations)
- • 14 pages •
Definition #1 
: An underwriter is an insurance professional employed to accept or reject risk on 
behalf of an insurer 
Definition #2 
: An underwriter is an investor of shareholder capital 
Definition #3 
: An underwriter is an insurance professional employed to implement an insurer's 
strategic plan 
Complete Definition 
: An underwriter is an insurance professional who invests the capital of an 
insurer's shareholders by accepting or rejecting risk to implement an insurer's strategic ...
CIP C12 - CH06 -Anatomy of a Property Policy: Exclusions Exam | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+
What is the purpose of an exclusion? 
: To remove certain losses from the policy's coverage. 
Exclusions list types of property that are not insured, and perils that are never or 
sometimes not insured against. 
Restrict coverage, remove exposures to loss considered undesirable or uninsurab;e 
What two types of exposure are typically listed in exclusions? 
: Exposures to trade risk or maintenance cost or exposures that are inevitable 
(that is non-fortuitous). 
And exposures that reflect unde...
- Exam (elaborations)
- • 13 pages •
What is the purpose of an exclusion? 
: To remove certain losses from the policy's coverage. 
Exclusions list types of property that are not insured, and perils that are never or 
sometimes not insured against. 
Restrict coverage, remove exposures to loss considered undesirable or uninsurab;e 
What two types of exposure are typically listed in exclusions? 
: Exposures to trade risk or maintenance cost or exposures that are inevitable 
(that is non-fortuitous). 
And exposures that reflect unde...
CIP C11 - CHAPTER 01 (PART 1) Exam | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+
What is insurance? 
: A contract between two parties whereby one party (the insurer) agrees to 
reimburse the 2nd party (the insured), upon a monetary consideration, on a defined 
subject, for losses or liabilities on losses, occurred due to specified perils 
Differentiate between speculative & pure risk 
: Speculative risk implies either a chance of financial loss or a chance of gain, 
whereas in pure risk, there is only the possibility of loss or no loss, but no financial gain 
at all 
Wha...
- Exam (elaborations)
- • 7 pages •
What is insurance? 
: A contract between two parties whereby one party (the insurer) agrees to 
reimburse the 2nd party (the insured), upon a monetary consideration, on a defined 
subject, for losses or liabilities on losses, occurred due to specified perils 
Differentiate between speculative & pure risk 
: Speculative risk implies either a chance of financial loss or a chance of gain, 
whereas in pure risk, there is only the possibility of loss or no loss, but no financial gain 
at all 
Wha...
CIP C14 Auto - Chapter 7 – Ratemaking Exam | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+
1. What are the major classes of automobile risks? 
: Private passenger, commercial vehicles, public automobiles, recreational 
vehicles, garage risks, non-owned automobiles. 
2. Name the four aspects of each risk that must be considered in rating. How does each 
one affect the rate? 
: Territory where the automobile is used, class of automobile and its uses, drivers, 
the automobile itself. 
3. What makes an insurance rate different from the price of another commodity? 
: When setting a reta...
- Exam (elaborations)
- • 4 pages •
1. What are the major classes of automobile risks? 
: Private passenger, commercial vehicles, public automobiles, recreational 
vehicles, garage risks, non-owned automobiles. 
2. Name the four aspects of each risk that must be considered in rating. How does each 
one affect the rate? 
: Territory where the automobile is used, class of automobile and its uses, drivers, 
the automobile itself. 
3. What makes an insurance rate different from the price of another commodity? 
: When setting a reta...
Sherpath Exam Review Med Surg 2 Questions and Verified Answers | Passed | A+
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