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CPCU 551 Exam Questions Compilation | 262 Questions with 100% Correct Answers | Verified | 97 Pages
Question : An example of an administrative expense that can
minimize the cost of risk is
Correct answer: Risk management consulting
Question : The availability of funds to pay for losses is most
important to organizations when
Correct answer: Operations have been disrupted
Question : A self-supporting solid wall that prevents a fire
from passing through or around it is a
Correct answer: Fire wall
Question : A building with concrete exterior walls and
wooden support beams as defined by Insurance Services
Office, Inc. (ISO)
Correct answer: Joisted masonry
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