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A medium size computer that can handle multiple users is a - correct answer minicomputer The purpose of records management includes which of the following? - correct answer classifying arranging storage ALL OF THE ABOVE which of the following are important attributes of an effective receptionist? - correct answer positive attitude professional appearance proper etiquette ALL OF THE ABOVE A restrictive endorsement is when - correct answer the payee directs how the check is ...

What constitutes a capacitor? - correct answer Two conductors separated by an insulator. What is the purpose of a capacitor? - correct answer It stores electrical energy in electrostatic fields. Does a capacitor in an AC circuit cause the current to lead or lag the voltage? - correct answer It causes the current to lead the voltage. What is the basic unit of capacitance? - correct answer The ferad. Why should electrolytic capacitors not be used in an AC circuit? - correct an...

If a vein feels hard and thready like when palpated, then this vein may be - correct answer sclerosed. If the plunger on the syringe is pulled back too fast the specimen may be - correct answer hemolyzed When performing a heel puncture on an infant, proper technique includes - correct answer placing lancet flat against the skin on the medial or lateral plantar surface of heel. what condition would most likely cause hemoconcentration? - correct answer Dehydration. What can cau...

An agent is completing an application for a long-term care policy. The agent is required to do all of the following EXCEPT (Choose from the following options) 1. Warn the applicant about the 10-day free-look period. 2. Make sure the policy is appropriate for the applicant's needs. 3. Provide the applicant with the Outline of Coverage. 4. Ask where the applicant has another LTC policy in force. - correct answerWarn the applicant about the 10-day free-look period. An insured has an ...

To assure the public that only competent trustworthy individuals and other entities sell insurance and to protect and promote the public interest. - correct answer -Licensing/Purose A contract under which one party undertakes to pay another against a loss of a specified contingency or peril. - correct answer -Insurance What is another word for insurance company? - correct answer -Insurer What is another word for a client? - correct answer -Insured Who is the producer? - correct answe...

Accelerated Benefits - correct answer -riders attached to life insurance policies which allow death benefits to be used to cover nursing and convalescent home expenses. Accident - correct answer -an unplanned, unforeseen event which occurs suddenly and at an unspecified place. Accident Insurance - correct answer -A type of insurance that protects the insured against loss due to accidental bodily injury. Accidental Bodily Injury - correct answer -unplanned, unforeseen traumatic injury to...

Individual Producer - correct answer -someone who is required to be licensed under Louisiana law to solicit, sell, negotiate, bind, procure, or renew insurance Business Entity - correct answer -someone who is required to be licensed under Louisiana law to solicit, sell, negotiate, bind, procure, or renew Insurance. Includes a corporation, association, partnership, limited liability company, limited liability partnership, or other legal entity Resident Producer - correct answer -someone who...

Variable Whole Life - correct answer -Premium payments are fixed. Part of premium is placed into a separate account, which is invested in stock bond, or money market fund. Guaranteed death benefit, but cash values vary according to market. do not guarantee contract cash values and the holder assumes the risk. Variable Life Continued - correct answer -By placing their policy values into seperate accounts, policyowners can participate directly in the account's investment performance, which wil...

When are group disability benefits considered to be tax-free to the insured? - correct answer -When the recipient pays the premiums An insurable interest in each other's lives may exist in absence of an economic interest when the individuals are - correct answer -Marriage partners What is the elimination period of an individual disability policy? - correct answer -Time period a disabled person must wait before benefits are paid What happens to interest earned if the annuitant dies befo...

Which of the following is NOT part of an insurance contract? •Policy •Application •Riders •Certificate of authority - correct answer -Certificate of authority The taxable portion of each annuity payment is calculated using which method? •Exclusion ratio •Taxable ratio •Cost basis •Tax basis - correct answer -Exclusion ratio Which of the following enables a life policy to be replaced with another life policy and results in the postponement of the tax consequence...

All of the following are correct about the required provisions of a health insurance policy EXCEPT A. The entire contract clause means the signed application, policy, endorsements, and attachments constitute the entire contract. B. A reinstated policy provides immediate coverage for an illness. C. Policies become incontestable after being in force for 3 years. D. A grace period of 31 days is found in an annual pay policy. - correct answer -B. A reinstated policy provides immediate co...

All of the following long-term care coverages would allow an insured to receive care at home EXCEPT a. Skilled Care b. Custodial care in insured's house c. Respite care d. Home health care - correct answer -a. What is the purpose of a suicide provision within a life insurance policy? - correct answer -To protect the insurer from persons who purchase life insurance with the intention of committing suicide Which of the following is not true of Disability Buy-Sell coverage ? a. it is t...

All of the following long-term care coverages would allow an insured to receive care at home EXCEPT a. Skilled Care b. Custodial care in insured's house c. Respite care d. Home health care - correct answer -a. What is the purpose of a suicide provision within a life insurance policy? - correct answer -To protect the insurer from persons who purchase life insurance with the intention of committing suicide Which of the following is not true of Disability Buy-Sell coverage ? a. it is t...

Death Benefit - correct answer The amount payable upon the death of the person whose life is insured. Cash value - correct answer equity amount accumulated in permanent life insurance Estate - correct answer person's net worth illustrations - correct answer presentation or depiction of nonguaranteed elements of a life insurance policy liquidation - correct answer Selling assets as a method of raising capital. lump-sum - correct answer payment of the entire benefit in one sum s...

A licensee just renewed his license. How much time will pass before he will have to renew it again? - correct answer -2 years How many eligible employees must be included in a contributory plan? - correct answer -75% All of the following are Nonforfeiture options EXCEPT - correct answer -Interest only Federal law makes it illegal for any individual convicted of a crime involving dishonesty or breach of trust to work in the business of insurance affecting interstate commerce - correct an...

What kind of policy pays $100 daily benefit for a hospital stay with no deductible? - correct answer -Indemnity Plan What business continuation plan would be best for a furniture company owned by five partners? - correct answer -Entity plans are best for partnerships with several partners An insured has received a claim form from the insurance company and has completed the form with proper documentation of the loss. The insureds' policy provides periodic payments for benefits. How much ti...

Apparent Authority - correct answer -producer is exposed to telephone prospects on the insurer's behalf to arrange sales appointments Bud, age 68, whose income consists of his pension and Social Security benefits - correct answer -All of the following are eligible to make contributions (tax-deductible or otherwise) to a traditional IRA EXCEPT: Pete, age 19, who works part time delivering pizzas while attending school Derek, age 32, who is covered by his employer's 401(k) plan Lyndie, age...

A viatical transaction is used for which of the following - correct answer A chronically ill insured who needs to sell his life insurance policy to a third-party to settle medical and other bills prior to death An agent complete an application for insurance on the Addams family Mr. Adams writes a check for the initial premium and the agent provides Mr. Adams with a conditional receipt Mr. Adams should understand which of the following - correct answer He has made an offer to the insurance com...

Insurance - correct answer -the transfer of Pure risk to the insurance company in consideration for a premium must be pure risk and calculable. Pure Risk - correct answer -the chance of loss without any chance of gain; insurable Speculative Risk - correct answer -possibility for gain or loss; not insurable Risk - correct answer -Chance of loss Exposure - correct answer -a condition that could result in loss hazard - correct answer -something that increases the chance of loss ...

which of the following best describes the aleatory nature of an insurance contract? - correct answer -Exchange of unequal values An insured purchased an insurance policy 5 years ago. Last year she received a dividend check, this year she didn't what type of insurer? - correct answer -Mutual What documentation grants express authority to an agent? - correct answer -Agents contract with the principal Because an agent is using stationery with the logo of an insurance company, applicants f...