American Bankers Association CTFA Exam - Topic 8 Question 44 Discussion

Actual exam question for American Bankers Association's CTFA exam

Question #: 44
Topic #: 8

[All CTFA Questions]

Lines of insurance in which claims are settled relatively quickly are called:

AQuick-tail lines

BSingle-tail lines

CAcceptance-tail lines

DShort-tail lines

Show Suggested Answer

Suggested Answer: B

by Janey at Feb 27, 2023, 04:45 PM

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Alpha

7 months ago

Short-tail lines are the ones with quick settlements, no doubt!

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Colette

7 months ago

Wait, are we sure it's not acceptance-tail lines? Sounds legit.

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Ernestine

7 months ago

Totally agree, it's short-tail lines for sure.

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Maile

7 months ago

I thought it was A, quick-tail lines?

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Rosenda

7 months ago

It's definitely D, short-tail lines!

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Maybelle

8 months ago

I definitely remember "short-tail lines" from our review sessions, but I wonder if "quick-tail" could be a trick option.

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Kristine

8 months ago

I’m a bit confused; I thought "quick-tail lines" sounded right, but I can't recall if that's an actual term used in the industry.

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Pamella

8 months ago

I remember studying about quick settlements, and I feel like "short-tail lines" was mentioned a lot in practice questions.

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Alfreda

8 months ago

I think the answer might be D, short-tail lines, but I'm not entirely sure.

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This is a good test of our understanding of the Dynamics 365 Field Service functionality. I feel pretty prepared for this, as we've been practicing work order creation scenarios in the lab sessions. I'll review the options and select the three correct ones.

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Asuncion

8 months ago

Okay, let me see... I know there are some core permissions like Read and Write, but I'm not sure about the specific combinations for all metadata item types.

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Marnie

8 months ago

This question seems straightforward - the pork industry is facing a new epidemic, so the portfolio manager needs to add new components to the portfolio to address the risk. I'd focus on evaluating the options for risk management and resource reallocation.

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Jules

8 months ago

I'm pretty confident I know the answer to this one. The MD-48 modules are unusable in a 2-degree configuration, so I'll select option C.

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Eric

1 year ago

D) Short-tail lines, no doubt. Although 'Single-tail' does sound like an interesting... hobby.

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Catarina

1 year ago

I'm going with D) Short-tail lines. Although 'Acceptance-tail' does sound like a fun way to describe my ex-girlfriend...

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Dannie

11 months ago

I agree, Short-tail lines seem like the right choice.

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Lajuana

12 months ago

I think 'Acceptance-tail' does sound interesting.

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Cherry

1 year ago

I'm going with D) Short-tail lines.

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Argelia

1 year ago

Short-tail lines, obviously. Anything with the word 'tail' in it just sounds like it's going to take forever to get resolved. I want my claims paid out ASAP!

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