M92 無料問題集「CII Insurance Business and Finance (IBF)」

（A）Codification.

（B）Horizontal diversification.

（C）Incorporation.

（D）Vertical integration.

（A）the reserve will be larger than an undiscounted reserve

（B）all claims will be paid more quickly

（C）investment income is being taken into account

（D）the insurer is insolvent

（A）Operating performance.

（B）Enterprise risk management.

（C）Capital adequacy.

（D）Competitive position.

（A）Paternalistic.

（B）Democratic.

（C）Laissez-faire.

（D）Autocratic.

（A）Managing the internal audit plan.

（B）Supervising the actuarial function.

（C）The technical pricing of new and existing products.

（D）Preparation for reviews by rating agencies.

（A）it may be raised, lowered or affirmed.

（B）The rating is withdrawn completely.

（C）It will definitely be upgraded.

（D）It will definitely be downgraded.

（A）an asset.

（B）a liability.

（C）a note to the accounts only.

（D）shareholder equity.

（A）In the notes to the financial statements.

（B）In the directors' report.

（C）In the auditor's report.

（D）It is not required.

（A）Financial; customer; internal; learning.

（B）Strategic; tactical; operational; transactional.

（C）Planning; organising; leading; controlling.

（D）Risk; compliance; audit; legal.