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ABA CTFA Practice Test - Questions Answers, Page 87

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Question 861

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_____________ include financial statements and notes, both on a consolidated and non consolidated basis.

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Question 862

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What of a life insurer's is determined by applying factors for risk components to specific on and off-balance sheet assets or liabilities and by adding the results?

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Question 863

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Which of the following is NOT the primary consideration for defining the capital of a company for purposes of measuring capital adequacy?

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Question 864

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The process of analyzing and projecting the trends of a company's capital position given its current circumstances, its recent past, and its intended business plan under a variety of future scenarios is called:

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Question 865

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Internal Control is:

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Question 866

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Identification and documentation of the controls and policies which address the risk management issues for each of the Standards is the necessary step for:

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Question 867

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Which investments held by life insurance enterprises should be carried in the balance sheet at amortized cost?

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Question 868

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What is the act in which the main sections are for Canadian companies and for foreign companies?

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Question 869

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The approach in which the investment policy should ''identify acceptable ranges for investments in different types of instruments, including cash, equities, bonds and debentures, and real property is known as:

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Question 870

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Investments in equities by a life insurance company may not exceed the total of

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