Moody's Practice Test 4

Moody's Practice Test 4

Professional Development

100 Qs

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Moody's Practice Test 4

Moody's Practice Test 4

Assessment

Quiz

Professional Development

Professional Development

Practice Problem

Medium

Created by

Baroda Academy

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100 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

For what business is key person insurance likely most critical?

Government agency.
Small business.
Publicly traded company
University.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the focus of management risk?

Capacity, integrity, depth and staying power.
The competitive marketplace in which the borrower operates.
Stronger than anticipated business performance.
Loan structure.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which option can mitigate work stoppages?

Liability insurance.
Alternative sources.
Dependable suppliers.
Good labour relations.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which critical skill for executives deals with the creation and maintenance of loyal, satisfied customers, dependable suppliers and dedicated employees?

Leadership.
Knowledge.
Communication.
Commitment.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What would be an unusual use for the proceeds of key person insurance?

Purchase heirs' interest in the business.
Plant expansion.
Pay off debt.
Reduce debt.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Corporate governance provides a structure to determine business objectives and a means of achieving and monitoring their outcomes.

false
I am not sure
true

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is considered a principal party with respect to corporate governance?

Banks.
Management.
Society at large.
Suppliers.

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