NAIC.SSAP-5R
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Study Tips
This is a reading where your best strategy is to play the odds. In other words, skip it. It contains definitions for several terms that seem important, but none has ever been asked. If I were studying for this exam, I would blow it off. Worst case scenario: there's a 1.5-point question and you take an educated guess.
BattleTable
- this reading has not been tested on any exam from the year 2012 and subsequent
reference part (a) part (b) part (c) part (d) no prior questions
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In Plain English!
Question: identify the components of a liability |
- responsibility to transfer assets upon occurrence of a specified event
- responsibility cannot be avoided
- event has occurred
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