LOMA 291 Module 4 Lesson 1 correct
answers 100% to pass
controller - correct answer ✔✔directs the accounting and financial reporting function
financial accounting - correct answer ✔✔The field of accounting that focuses primarily on
reporting a company's financial accounting information to meet the needs of the company's
external stakeholders.
management accounting - correct answer ✔✔The field of accounting that focuses primarily on
reporting and presenting a company's financial information to meet the needs of the company's
internal users.
premium taxes - correct answer ✔✔percentage of premium income received
budget - correct answer ✔✔A financial plan of action, expressed in monetary terms, that covers
a specified time period.
treasury operations - correct answer ✔✔manages liquidity, tracks cash flow, banking. short
term.
fixed-income investments - correct answer ✔✔most types of insurer investments are this.
answers 100% to pass
controller - correct answer ✔✔directs the accounting and financial reporting function
financial accounting - correct answer ✔✔The field of accounting that focuses primarily on
reporting a company's financial accounting information to meet the needs of the company's
external stakeholders.
management accounting - correct answer ✔✔The field of accounting that focuses primarily on
reporting and presenting a company's financial information to meet the needs of the company's
internal users.
premium taxes - correct answer ✔✔percentage of premium income received
budget - correct answer ✔✔A financial plan of action, expressed in monetary terms, that covers
a specified time period.
treasury operations - correct answer ✔✔manages liquidity, tracks cash flow, banking. short
term.
fixed-income investments - correct answer ✔✔most types of insurer investments are this.