Day 3 (Opening) - IFRS 17 Training

Day 3 (Opening) - IFRS 17 Training

Professional Development

10 Qs

quiz-placeholder

Similar activities

SRS Quiz

SRS Quiz

Professional Development

10 Qs

LIC'S 65th Birthday Special Quiz

LIC'S 65th Birthday Special Quiz

Professional Development

15 Qs

Advanced Bookkeeping - Revision

Advanced Bookkeeping - Revision

Professional Development

11 Qs

1234

1234

Professional Development

12 Qs

Quiz 3 - Traditions

Quiz 3 - Traditions

Professional Development

10 Qs

Inventory Management

Inventory Management

Professional Development

15 Qs

Q#1-MktgServiceEconomy

Q#1-MktgServiceEconomy

Professional Development

15 Qs

U1- Bus Enterprise Environ- Ownership 1

U1- Bus Enterprise Environ- Ownership 1

10th Grade - Professional Development

10 Qs

Day 3 (Opening) - IFRS 17 Training

Day 3 (Opening) - IFRS 17 Training

Assessment

Quiz

Business

Professional Development

Hard

Created by

Elsa Tiara Tjendana

Used 8+ times

FREE Resource

AI

Enhance your content

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Key differences between reinsurance held and insurance under IFRS 17:

___ shall include allowance for the risk of non-performance (incl. effects of collateral and losses from disputes).

Estimated cash flows

Risk adjustment

Onerous contract requirements

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Investment Component for Reinsurance Contracts: Amount that a contract requires ___ to repay to ___ even if an insured event does not occur.

Entity, cedant

Cedant, entity

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

___ has the same component under GMM and PAA method

LFRC

LFIC

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The PAA method is likely to be the preferred method for ___.

General and Health Insurance Contracts

Life and Health Insurance Contracts

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Profit sharing is included in the ___ component of the PAA calculation.

Premium received

Insurance revenue

Investment

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The PAA uses premiums ____ as opposed to premiums ___.

Received, written

Written, received

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

___ need to be measured under VFA.

Insurance contract with DPF

Health insurance contract

Life insurance contract

Create a free account and access millions of resources

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

By signing up, you agree to our Terms of Service & Privacy Policy

Already have an account?