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APA CPP-Remote Exam - Topic 1 Question 15 Discussion

Which of the following statements describes a self-insured workers' compensation plan?
B) The ER funds the workers' compensation payments.
A) The state pays the workers' compensation payments.
C) The wages will continue as if the EE is still working.
D) The individual EE is responsible for his own insurance.

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

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Donte
8 months ago
D sounds a bit off too, isn't it the employer's job?
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Ettie
8 months ago
C is misleading; wages don't just continue like that.
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Fernanda
9 months ago
Wait, are you sure about that? I thought it was the state!
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Margret
9 months ago
Totally agree, B makes the most sense.
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Tish
9 months ago
B is correct! The employer funds the payments.
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Fernanda
9 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
9 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
9 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
9 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
9 months ago
Ah, I remember learning about this in class. I'm pretty confident I can solve this one.
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Shawn
9 months ago
This question seems straightforward, I'm pretty confident I know the answer is D.
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Albert
9 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
10 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
10 months ago
Key steps: Calculate corpus at 10-year mark, then compute sustainable monthly withdrawal considering 4% inflation rate.
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