12th Grade Risk Management Quizzes, Questions & Answers
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The Liquidity and Risk Exam assesses knowledge on asset management, including identification of incorrect asset categorizations, understanding overtrading, and the implications of high receivables and inventory. It's essential...
Questions: 43 | Attempts: 198 | Last updated: Mar 22, 2023
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Sample Question 1Which of the following items is incorrectly categorised as a Current Asset?
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Sample Question 2Which of the following items is incorrectly categorised as a Current Liability?
When you want to ensure something against a risk, some insurance companies may not want to cover it rendering insurable, and risk is therefore insurable if it is immeasurable, not definable or certain. Take up the quiz below and...
Questions: 40 | Attempts: 159 | Last updated: Mar 22, 2023
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Sample Question 1Under a proportional facultative reinsurance, the direct insurer insures a risk of sum assured $1million. His retention on this risk is $600,000 and the rest is absorbed by the reinsurers, if a loss of $200,000 arises, what would be the reinsurers's share?
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Sample Question 2Which of the following insurance arrangements is invalid because of a lack of insurable interest?
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