LOMA $291$ Practice Questions Module $4$ Lesson $1$

$1$ of $3$

The following statementia$)$ can correctly be made about the responsibites of the board of drectors and compary officers in an insurance company's francial operations:

A The chief erecytive officer $($CEO$)$ of an infyance company vialy approves budget numbers and is respons ble for managing the compary's resources w thin budget guidelres.

$11.$ The excysis commites is tesponsible loy seting an inezance correary investment policy

C$.$ The chef frarcial offeer $($CFO$)$ of an insurance compary is respors ble for commaicating finarew$)$ information to compary managers and expernal parties

A$.$ B$.$ and C

A and B only

A and C only

Bony