Element 6 6.1.2 Professional Roles in Finance

What is the primary role of an auditor?

• Marketing loans

• Advising on insurance

• Reviewing financial accounts

• Calculating future risks

Which professional helps businesses complete tax returns?

• Actuary

• Tax advisor

• Insurance broker

• Loan officer

Who is responsible for calculating and assessing future financial risks?

• Auditor

• Tax advisor

• Actuary

• Corporate finance specialist

Which of the following professionals would advise on the most appropriate insurance portfolio?

• Auditor

• Insurance broker

• Corporate finance specialist

• Tax advisor

Who would assist in gathering information on loan applications?

• Lender

• Actuary

• Auditor

• Insurance broker

What is a key responsibility of corporate finance specialists?

• Reviewing financial accounts

• Advising on tax legislation

• Dealing with sources of funding

• Assessing insurance claims

Which professional is involved in underwriting loans?

• Lender

• Actuary

• Auditor

• Tax advisor

Who would you consult for advice on managing business risks?

• Actuary

• Claims analyst

• Risk management specialist

Which professional uses models and statistics to make predictions?

• Auditor

• Actuary

• Tax advisor

• Lender

What is the primary function of a claims analyst?

• Advising on tax returns

• Reviewing financial accounts

• Advising on insurance claims

• Marketing loans