- Study guides, Class notes & Summaries

GAAP - correct answer A common set of accounting standards and procedures used in the preparation of financial statements to ensure consistency of presentation and reported results. SAP - correct answer The accounting principles and practices that are prescribed or permitted by an insurer's domiciliary state and that insurers must follow. FASB - correct answer Which organization is considered to be top of the hierachy in the US, though it is subject to veto Mark-to-Model...

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69 pages

Written in 2024/2025

Grade A+

Rechga

What are the 5 classic Cannons? - correct answer Invention, arrangement, language style, memory, delivery Invention - correct answer generating and selecting content and strategies for speech. Components of the communication model - correct answer sender, receiver, message, context Message - correct answer The combination of signs and symbols Channel (medium) - correct answer a form of energy that can transmit a message to a receivers senses. ex. the light to...

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6 pages

Written in 2024/2025

Grade A+

Rechga

CMC vs. FTF Groups - correct answer FTF Groups: Shared physical settings, synchronous, members are visible, and influence leads to many social cues. CMC Groups: No shared space, asynchronous (more), members are invisible, influence leads to fewer social cues. Reduced Social Cues Model Sprout and Kiesler (1986) - correct answer Fits into "Cues Filtered Out" approach, computer mediation is bad for group process, interactions are more difficult to manage, task-focused, less pressure ...

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6 pages

Written in 2024/2025

Grade A+

Rechga

Assessment - correct answer The systematic process or procedure of gathering information in order to come up with a conclusion about the characteristics of people... Test - correct answer This is an assessment tool. A device or procedure for sampling behavior and describing it with categories or scores used to collect information about an individual's skills What are the primary and secondary purposes of assessment? - correct answer Primary Evaluate individual functioni...

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15 pages

Written in 2024/2025

Grade A+

Rechga

What is the purpose of an audit? - correct answer To enhance the degree of confidence of intended users in the f/s. CASs require the auditor to obtain? - correct answer Reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error When is reasonable assurance obtained? - correct answer When the auditor has obtained sufficient appropriate audit evidence to reduce audit risk to an acceptably low level....

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4 pages

Written in 2024/2025

Grade A+

Rechga

Language is abstract - correct answer - words stand for objects, people, ideas, etc. but words are not themselves the things that they represent - not bound to the thing it represents Language is arbitrary - correct answer - there is no inherent reason for using a particular word to represent a particular object or idea - there is no fixed connection between words and what they represent Language is related to culture - correct answer - language is related to the culture o...

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16 pages

Written in 2024/2025

Grade A+

Rechga

Actions - correct answer The activities players carry out in pursuit of the game's goals Goals - Element - correct answer The outcome players try to achieve through their play, whether they be measurable or purely experiential Rules - correct answer The instructions for how the game works Objects - correct answer The things players use to achieve the game's goals Playspace - correct answer The space, defined by the rules, on which the game is played Play...

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3 pages

Written in 2024/2025

Grade A+

Rechga

communication - correct answer the use of symbols to represent ideas so that meanings can be shared interpersonal communication - correct answer -using symbols to represent ideas in order to share meanings and create a personal bond between people -inter = between two or more people -personal= your unique qualities as a person matter -creates a connection between people, such that one person's actions affect and reflect the other person's actions transactional model of ...

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13 pages

Written in 2024/2025

Grade A+

Rechga

Caryn is promising the participants in her study not to reveal their names, which is called: - correct answer confidentiality The Belmont Report identified three key principles of ethical research: - correct answer respect, beneficence, and justic IRB is an acronym all communication scholars know well. IRB stands for: - correct answer Institutional Review Board Blair believes he has designed a nonexempt research project. A nonexempt project has: - correct answer full...

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5 pages

Written in 2024/2025

Grade A+

Rechga

What are Cost Accounting Standards (CAS)? - correct answer In 1970 the Cost Accounting Standards Board adopted 19 standards, 401-420 (419 was never assigned) to achieve uniformity and consistency in the cost accounting principles followed by defense contractors and subcontractors under Federal contracts > $100K How many Cost Accounting Standards are there? - correct answer 19 Where is the Cost Account Standards Board housed in the federal government? - correct answer Offi...

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3 pages

Written in 2024/2025

Grade A+

Rechga

What are the 4 common classifications of underwriting expense? - correct answer 1. Commissions and Brokerage<br>2. Other acquisition<br>3. General<br>4. Taxes, Licenses, and Fees (not including federal income tax) What are the two main sources of underwriting profit? - correct answer 1. Operating Income (pure underwriting profit) generated from individual insurance policies<br>2. Investment income generating by investing funds held by company What is the P...

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26 pages

Written in 2024/2025

Grade A+

Rechga

probability - correct answer - the likelihood that an outcome will occur - is measurable pure risk - correct answer chance of loss/no loss, no chance of gain speculative risk - correct answer chance of loss, no loss, gain credit risk - correct answer risk that customers fail to make promised payments when they are due subjective risk - correct answer perceived amount of risk based on person's opinion objective risk - correct answer measurable variat...

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66 pages

Written in 2024/2025

Grade A+

Rechga

CAS consists - correct answer air operations against hostile targets in close proximity to friendly forces CAS provides - correct answer support to help friendly surface forces carry out their assigned tasks Close proximity and detailed integration - correct answer What are the key portions of the joint definition for CAS? Close proximity - correct answer the distance within which some form of terminal attack control is required for targeting direction and fratricide...

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8 pages

Written in 2024/2025

Grade A+

Rechga