Financial lines

Course questionnaire: who took the money, and who pays it back?

Six questions on this course's question: who took the money, and who pays it back.

6 questions, 5 minutes

Course questionnaire

Easy questions on the central ideas of the course, several of them true or false. Get 5 out of 6 right and the course is passed. After each answer, you see whether it is right, and why.

1 / 6

Answers are marked together when you submit: choose, move on to the next one, and your score comes at the end.

A confessed misappropriation matches none of the acts listed in the policy. Is it covered?

Review

Every question, its answer and the reasoning

The same material, in continuous reading. Each point links to the matching glossary entry, where the notion is covered in full with its worked example.

Course questionnaire: who took the money, and who pays it back?

Every question, its answer and the reasoning

1. A confessed misappropriation matches none of the acts listed in the policy. Is it covered?

2. True or false: a crime policy often dates the loss at its discovery, because a successful fraud is invisible by design.

3. A deceived employee carried out a fake transfer order while following procedure. What is the file built on?

4. True or false: the time the company's own teams spend quantifying its loss is generally covered by the crime policy.

5. In collusion between an employee and a supplier, where is the evidence?

6. True or false: subrogation is a favor the insured grants its insurer, which it can refuse after being paid.