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Saturday, May 17, 2008

Quiz Home

Provided By Clayton Carr 11/2003.



1.) Another entity sues for alleged wrongdoing, requiring the entity being sued to defend itself.
A. Loss exposure B. Property loss C. Liability loss D. Personnel loss E. Net income loss F. Income statement G. Statement of sources and uses of funds

2.) Something that presents a possibility of loss
A. Loss exposure B. Property loss C. Liability loss D. Personnel loss E. Net income loss F. Income statement G. Statement of sources and uses of funds

3.) Loss due to death, disability, retirement, resignation, or unemployment
A. Loss exposure B. Property loss C. Liability loss D. Personnel loss E. Net income loss F. Income statement G. Statement of sources and uses of funds

4.) Reduction in value of property due to an accident
A. Loss exposure B. Property loss C. Liability loss D. Personnel loss E. Net income loss F. Income statement G. Statement of sources and uses of funds

5.) Reduction in income or increase in expenses as a result of an accident
A. Loss exposure B. Property loss C. Liability loss D. Personnel loss E. Net income loss F. Income statement G. Statement of sources and uses of funds

6.) Cash flow (funds flow) statement
A. Loss exposure B. Property loss C. Liability loss D. Personnel loss E. Net income loss F. Income statement G. Statement of sources and uses of funds

7.) Profit and loss statement
A. Loss exposure B. Property loss C. Liability loss D. Personnel loss E. Net income loss F. Income statement G. Statement of sources and uses of funds




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