下边是SOA北美精算师真题集——November2004Course5(Part 4),烦请重视小编的辛勤劳作。
  15.Foraninsuredwithgrouplong-termdisability(LTD)benefits,youaregiventhe
  following:
  Pre-disabilitymonthlyearnings5,000
  FormulaLTDbenefit60%ofpre-disabilityearnings
  Workearningsduringdisability1,500permonth
  OtherincomeNone
  A=ReducedLTDmonthlybenefitbasedontheproportionatelossformula
  B=ReducedLTDmonthlybenefitbasedonthe50%offsetbenefit
  CalculateA–B.
  (A)–2,150
  (B)–150
  (C)–120
  (D)350
  (E)1,850
  COURSE5:Fall2004-21-GOONTONEXTPAGE
  MorningSession
  USETHISPAGEFORYOURSCRATCHWORK
  COURSE5:Fall2004-22-GOONTONEXTPAGE
  MorningSession
 
  16.CompanyXYZisre-pricingauniversallifeinsuranceproduct.Youaregiventhe
  following:
  Year2003:
  Profitmargin:3.5%
  Premiummargin:75%
  Annualsales:20,000,000
  Year2004:
  Pricedecrease:20%
  Projectedannualsales:22,500,000
  Calculatethe2004profitmargin.
  (A)–16.50%
  (B)–14.65%
  (C)–14.38%
  (D)2.80%
  (E)15.42%
  COURSE5:Fall2004-23-GOONTONEXTPAGE
  MorningSession
  USETHISPAGEFORYOURSCRATCHWORK
  COURSE5:Fall2004-24-GOONTONEXTPAGE
  MorningSession
 
  17.Eachofquestions17through20consistoftwolists.Inthelistattheleftaretwoitems,
  letteredXandY.Inthelistattherightarethreeitems,numberedI,II,andIII.ONEof
  thelettereditemsisrelatedinsomewaytoEXACTLYTWOofthenumbereditems.
  Indicatetherelateditemsusingthefollowinganswercode:
  LetteredItem
  IsRelatedtoNumberedItems
  (A)
  X
  IandIIonly
  (B)
  X
  IIandIIIonly
  (C)
  Y
  IandIIonly
  (D)
  Y
  IandIIIonly
  (E)
  Thecorrectanswerisnotgivenby(A),(B),(C)or(D).
  17.X.Generallyacceptedaccounting
  principles(GAAP)
  I.UseofInterestMaintenanceReserve
  Y.StatutoryaccountingII.Allowsforcapitalizationofdeferred
  acquisitioncosts
  III.Considersagentbalancesas
  nonadmittedassets
  18.X.Reinsurancereservesheldby
  cedingcompany
  I.Coinsurance
  Y.Reinsurancereservesheldby
  reinsurer
  II.Modifiedcoinsurance
  III.Coinsurancewithfundswithheld
  COURSE5:Fall2004-25-GOONTONEXTPAGE
  MorningSession
  19.X.DefinedcontributionplanI.Thebenefitlevelisdirectlyaffected
  byinvestmentperformance
  Y.DefinedbenefitplanII.Thebenefitsforemployeeswho
  changejobsfrequentlywilllikelybe
  inadequate
  III.Thereisanopportunityforpostretirement
  benefitincreases
  20.X.PolicyyeardataI.Mostcommonmethodforcompiling
  actuarialdata
  Y.AccidentyeardataII.Allowsthepricingactuarytomatch
  premiumsandlossesfromone
  accountingbasis
  III.Claimsdataalmostalwaysavailable
  inthisformat
  COURSE5:Fall2004-26-GOONTONEXTPAGE
  MorningSession
  高顿网校之短句汇编奉送:他(罗曼罗兰)通过无形的音乐,说明人类伟大的东西不属于一个时代一个民族,它像一束神圣的火炬,超越时代的界线,从一个大师手里传到另一个大师手里而永远光芒四射,除非人类停止呼能吸,它才会熄灭。 —— 茨威格