Which of the following is not a duty of an actuary?
A) Calculate rates
B) Calculate dividends
C) Calculate loss reserves
D) Identify individual exposures that are going to have a loss
D
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Frosty Inc is an American firm that manufactures and markets a line of ice creams under the brand name Frosty Delight
Together with Magic Bakes, a popular brand of baking mixes and canned frostings, the firm introduces a line of Frosty Magic Bakes, a line of ice cream cake mixes. The new product line, Frosty Magic Bakes, uses the logos of both Frosty Delight and Magic Bakes. This is an example of ________. A) franchising B) cobranding C) pure product bundling D) mixed product bundling E) licensing
________ research is designed to capture cause-and-effect relationships by eliminating competing explanations of the observed findings
A) Experimental B) Behavioral C) Observational D) Focus group E) Descriptive
Which of the following is expressed in terms of a percentage?
a. Return on equity b. Current ratio c. Asset turnover d. Working capital
When a statement of cash flows is prepared using the indirect method,
A) net income is the starting point in determining cash flows from operations. B) cash paid for dividends is not included. C) the increase in cash is different than when the direct method is used. D) the amount of cash collected from customers is calculated.