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Exam Code: Virginia-Life-Annuities-and-Health-Insurance

Exam Name: Virginia Life, Annuities, and Health Insurance Examination Series 11-01

Version: V13.25

Q & A: 72 Questions and Answers

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NEW QUESTION: 1
Which process includes business, service and component sub-processes?
A. Capacity management
B. Service level management
C. Financial management
D. Incident management
Answer: A
Explanation:
Explanation/Reference:
Explanation:

NEW QUESTION: 2
Woodson Inc. has two possible projects, Project A and Project B with the following cash flows:
Year Project AProject B
0-150,000-100,000
1100,00045,000
2105,00065,000
340,00080,000
At what cost of capital do the two projects have the same net present value (NPV)?
A. 21.7%
B. 10.3%
C. 15.8%
D. 34.8%
E. 13.5%
Answer: A
Explanation:
Explanation/Reference:
Explanation:
To determine the crossover rate, find the differential cash flows between the 2 projects and then calculate the IRR of those differential cash flows.
tProject change, A - B
0-50,000
155,000
240,000
3-40,000
IRR = 21.7%.

NEW QUESTION: 3
HIPAA establishes a civil monetary penalty for violation of the Administrative
Simplification provisions. The penalty may not be more than.
A. $10 per person per violation of a single standard for a calendar year.
B. $1000 per person per violation of a single standard for a calendar year
C. $1 000000 per person per violation of a single standard for a calendar year
D. $2,500 per person per violation of a single standard for a calendar year
E. $25000 per person per violation of a single standard for a calendar year.
Answer: E

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