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APA CPP-Remote Exam - Topic 1 Question 15 Discussion

Actual exam question for APA's CPP-Remote exam
Question #: 15
Topic #: 1
[All CPP-Remote Questions]

Which of the following statements describes a self-insured workers' compensation plan?

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Suggested Answer: B

by Donte at Aug 21, 2022, 04:27 PM

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Donte
7 months ago
D sounds a bit off too, isn't it the employer's job?
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Ettie
7 months ago
C is misleading; wages don't just continue like that.
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Fernanda
7 months ago
Wait, are you sure about that? I thought it was the state!
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Margret
7 months ago
Totally agree, B makes the most sense.
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Tish
7 months ago
B is correct! The employer funds the payments.
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Fernanda
8 months ago
I’m a bit confused about the differences between self-insured and state-funded plans. I hope I remember correctly that it’s B!
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Lavonda
8 months ago
I feel like D could be a trick option since it mentions the individual employee, but I don't recall seeing that in our notes.
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Catrice
8 months ago
I remember practicing a question like this, and I think self-insurance means the employer funds the payments. So, I would go with B too.
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Gladys
8 months ago
I think a self-insured plan means the employer is covering the costs, so maybe it's B? But I'm not entirely sure.
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Kelvin
8 months ago
Ah, I remember learning about this in class. I'm pretty confident I can solve this one.
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Shawn
8 months ago
This question seems straightforward, I'm pretty confident I know the answer is D.
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Albert
8 months ago
This question seems straightforward. I think the flowstat command is the tool we need to monitor the flow data.
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Raina
8 months ago
Ah, I see what they're getting at now. The old paradigm is internal control, and the new paradigm is addressing process risks. I think I've got this one.
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Gladys
8 months ago
Key steps: Calculate corpus at 10-year mark, then compute sustainable monthly withdrawal considering 4% inflation rate.
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