The Annual Statement Reporting Requirements for the Participating and Nonparticipating

question 208

Multiple Choice

The Annual Statement reporting requirements for the participating and nonparticipating branches is limited to major and secondary lines of business, but a company would:

• A) Usually carry this separation throughout all of its premium classifications
• B) Do not carry this separation throughout all of its premium classifications

---

Definitions:

Test Validity

The degree to which a test accurately measures what it is intended to measure, ensuring that the test results are relevant and meaningful for its purpose.

Test Reliability

The degree to which an assessment tool produces stable and consistent results over repeated applications.

Hostile Work Environment

A form of sexual harassment when an employee experiences workplace harassment such as provocative pictures that make the environment an offensive place to work.

Quid Pro Quo

A form of sexual harassment that means “in exchange for this, I’ll give you that.”