FSA Study guides, Class notes & Summaries

Loan-to-Value Ratio (LTV) - correct answer The percentage of the lesser of the appraised value or sales price that the lender will lend. ex: If a borrower is approved for an 80% loan, it means that the lender will loan up to 80% of the sales price or appraised value, whichever is lower. Package Mortgage - correct answer Includes both real and personal property ( fixtures and furnishings) Blanket Mortgage - correct answer Covers more than one piece of property. Wraparound Mortgage - c...

Under which situation must insurable interest exist between the applicant and insured at the time of application? - When a third-party applicant names themselves beneficiary. Which of the following is true about a decreasing term life policy? - The face amount reaches zero at policy expiration. Which of the following occurs immediately after the application is submitted and the initial premium paid? - The underwriting process begins For an individual long-term care policy there is an annua...

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FSA Level 1 Exam Questions And Answers 2023

FSA Exam 1 Questions And Answers 2023

IFSAC HAZMAT! Exam Questions with 100% correct Answers 2023. Awareness level - ANSWER Lowest level of training established by OSHA for personnel at hazardous materials incident. Recognize the presence for potential presence of hazardous material and recognize that type of container at a site and identify the material in it if possible. Transfer information to appropriate authority. Identify actions to protect themselves. Have seen control isolating the hazardous area the denying entry. Ope...

FSA Quiz 1 (Chapters 1, 2, 3, 9, 11) Questions With Complete Solutions

FSA QUIZ 1 Questions With Complete Solutions

Instagram: ECOsummaries DM me for 20% discount! Summary for the course 'Financial Statement Analysis & Valuation'. This summary was written in order to study for the final. Everything you need to know is available in this summary. Instagram: ECOsummaries DM me for 20% discount!

What is Force Management? - ANSWER-The process for delivering the most capable Army possible within available resources and changing the Army over the next 20 years. Why is Force Management complicated? - ANSWER-Influence Money Uncertainty (Threats, Funding, Priorities, Technology) Bureaucracy What are the three decision support systems? - ANSWER-JCIDS (ID Requirements, Capability Gaps and Solutions) PPBE (Allocate Resources) DAS (Develop Materiel) What are the strategic drivers (d...