最新的The Institutes CPCU認證 CPCU-500考試題庫

問題1

Which one of the following best summarizes the forces that drive competition in the insurance industry, as analyzed under the Five Forces Model?

A. Customer buying power, customer loyalty, and changes in customer preferences

B. Threat of new entrants, economic downturns, and rivalry among the insurer's management team

C. Financial institution involvement, insurance regulation, and economic downturns

D. Bargaining power of customers and reinsurers, threat of new entrants, and rivalry among existing firms

正確答案: D

說明：（僅 VCESoft 成員可見）

問題2

Lex owns a small fast food restaurant. It has seating for 40 people and is open seven days a week. Most of the loss exposures for the restaurant are insured under a Businessowners Policy. Which one of the following loss exposures would need to be insured under a separate policy?

A. Products and completed operations liability

B. Business income and extra expense

C. Theft of money and securities

D. Workers compensation and employers liability

正確答案: D

說明：（僅 VCESoft 成員可見）

問題3

No-Flame Company installs fire suppressant systems in newly constructed buildings. No-Flame has an occurrence version of the Commercial General Liability Coverage Form. The first day the owners occupied a new building, the fire suppressant system installed by No-Flame malfunctioned. The building owner sustained personal property damage, and the chemicals released by the system caused minor injuries to three of the building owner's employees. No-Flame publicly accused the building owner of setting the suppressant system off in order to collect the insurance proceeds, although No-Flame knew that its systems had defects. The owner sued No-Flame for damages. Which one of the following statements best describes how No-Flame's CGL insurer will respond to the lawsuit?

A. The insurer will cite the exclusion under Coverage A Bodily Injury and Property Damage Liability that is titled Damage to Impaired Property or Property Not Physically Injured.

B. The insurer will cite the exclusion under Coverage B Personal and Advertising Injury Liability related to injury arising out of oral or written publication of material done by the insured with knowledge of its falsity.

C. The insurer will deny the entire lawsuit because the allegations involve both bodily injury and personal and advertising injury.

D. The insurer will cite the exclusion under Coverage A Bodily Injury and Property Damage Liability that is titled Expected or Intended Injury.

正確答案: B

說明：（僅 VCESoft 成員可見）

問題4

Michael began his career in the insurance industry as a claims representative. He is an intelligent and hard- working individual with a goal of advancing his career within the industry. As his manager, which one of the following would you recommend that Michael do to help propel him to be a future insurance industry leader?

A. Pursue a higher level of education to advance within the claims department

B. Stay in his current position where his skills are most beneficial

C. Proactively learn from others in the industry

D. Seek a position in sales or marketing to earn more money

正確答案: C

說明：（僅 VCESoft 成員可見）

問題5

Which one of the following quadrants of risk deals with uncertainties associated with the organization's procedures, systems, and policies?

A. Operational risk

B. Strategic risk

C. Financial risk

D. Hazard risk

正確答案: A

說明：（僅 VCESoft 成員可見）

問題6

Gulford's is a large retail store chain with locations throughout the U.S. The operations are divided into three different profit centers. Each center has a separate executive-level position and management team. The profit centers are based on type of product and include apparel, electronics, and grocery. Which one of the following types of organizational structure has Gulford selected?

A. Functional structure

B. Flat structure

C. Cost leadership structure

D. Multidivisional structure

正確答案: D

說明：（僅 VCESoft 成員可見）

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