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NACVA CVA Exam - Topic 1 Question 23 Discussion

Posted by Krissy on May 10, 2022 at 02:09 AM

If the funding of the forgoing requirements has been provided for through life insurance taken out in prior years that insurance should be reviewed as to both amount and type. The necessary amounts of insurance can change for several reasons. All of the following are those reasons EXCEPT:

Suggested Answer: D

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12 comments · newest first
KA
Kara 12 months ago
I agree, but inflation seems like a stretch here.
YO
Yoko 1 year ago
Potential earnings should be considered, for sure!
CL
Claribel 1 year ago
Wait, can makeup of business ownership really change insurance needs?
HE
Herman 1 year ago
I think increased business value is a valid reason too.
OL
Olene 1 year ago
Inflation definitely affects insurance needs.
LO
Lourdes 1 year ago
Potential earnings seem like they could influence insurance amounts, but I wonder if they really fit in this context.
SE
Sena 1 year ago
I think the increased value of the business definitely affects insurance needs, so that might not be the right answer.
LA
Lashonda 1 year ago
I remember discussing how inflation can impact insurance needs, but I'm not sure if it's a reason for changing the amount.
ST
Stephanie 1 year ago
I feel like the makeup of business ownership could change insurance requirements too, but I can't recall if it's a direct reason.
BE
Bernardine 1 year ago
Okay, let's think this through step-by-step. The order is for 120 mg of furosemide IV STAT, and the stock injection is 40 mg/2 ml. We need to figure out how many ml of the stock injection we need to deliver the 120 mg dose.
BR
Brett 1 year ago
I think Open Queue might be enabled in the Licensing tab, but I'm not entirely sure if that's in the License Manager or something else.
MA
Marshall 1 year ago
This looks like a straightforward question about GoldenGate features. I'll need to carefully review the options and think about which ones are correct.
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