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  • Certification Provider:Insurance Licensing
  • Exam Code:Ok-Life-Accident-and-Health-or-Sickness-Producer
  • Exam Name:Oklahoma Life, Accident, and Health or Sickness Producer Exam Exam Exam
  • Total Questions:276 Questions and Answers
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NEW QUESTION: 1
Why should the maturity profile of unreconciled items be frequently reviewed?
A. It allows management to see what items are pending by value and counterparty, but also how long items have been outstanding and whether there is an improvement in the pace of reconciliations.
B. It allows the compliance officer to see how often the reconciliation staff has claimed for an outstanding item
C. Because the most recent figures have to be published in the balance report
D. It allows reconciliation staff to check the bilateral limits with counterparties and to adjust these limits as necessary
Answer: D

NEW QUESTION: 2
The maximum availability of a material is 8,000 kg.
Product A requires 5 kg of this material and Product B requires 7 kg of this material which is in short supply.
The correct constraint to include for the material when formulating the linear programming problem is:
A. 5B + 7A ≥ 8,000
B. 5B + 7A ≤ 8,000
C. 5A + 7B = 8,000
D. 5A + 7B ≤ 8,000
Answer: D

NEW QUESTION: 3

A. Option B
B. Option C
C. Option E
D. Option D
E. Option A
Answer: B,E

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