CPCU 540 EXAM 2024 WITH 100% CORRECT ANSWERS

CPCU 540 EXAM 2024 WITH 100% CORRECT ANSWERS Which one of the following would best be the reason for maximization of shareholder wealth as a goal of corporate finance 1. To assist in meeting regulatory requirements 2. To maintain a market to raise additional capital 3. To maintain the integrity of the corporate identity 4. To retain customers in a competitive marketplace - correct answer To maintain a market to raise additional capital Sarbanes-Oxley prompted the SEC to issue interpretive guidance for improved disclosure in the management discussion and analysis (MD&A) report of an organization. Which one of the following is an area of guidance from Sarbanes-Oxley? 1. Disclosure of all asset ownership 2. Disclosure of liabilities at actual value 3. Disclosure of the overall financial condition 4. Disclosure of certain trading activities - correct answer Disclosure of certain trading activities Ready Insurance Company, listed on the NASDAQ stock exchange as RINS, writes insurance in the states of FL, LO, AL, TX, NV, CA. Because Ready writes insurance in areas prone to catastrophes such as earthquakes and hurricanes, the company segments its business between earthquake-prone states and hurricane-prone states. Ready Insurance Company: 1. Is required to disclose the business segment information through its financial notes as it is a publicly traded company 2. Chooses to disclose the business segment information through its financial notes as it is a publicly traded company 3. is required to disclose the business segment information through its 10-K report as it is a publicly traded company 4. Chooses to disclose the business segment information through its 10-K report as it is a publicly traded company - correct answer Is required to disclose the business segment information through its