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Exam Code: CRISC

Exam Name: Certified in Risk and Information Systems Control

Certification Provider: ISACA

Related Certification: Certified in Risk and Information Systems Control

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NEW QUESTION: 1
The Cleopatra Group, a third-party administrator (TPA), has entered into a TPA agreement with the Alexander MCO with regard to the administration of a particular health plan. This agreement complies with all of the provisions of the NAIC TPA Model Law. On
A. obtain from the federal government a certificate of authority designating the Cleopatra Group as a TPA
B. assume full responsibility for determining the claim payment procedures for the plan
C. assume full responsibility for ensuring that the health plan is administered properly
D. hold all funds it receives on behalf of Alexander in trust
Answer: D

NEW QUESTION: 2
A company that wants to reduce the cost of its unemployment insurance should do which of the following?
Each correct answer represents a complete solution. Choose all that apply.
A. Terminate employees who violate company policy
B. Aggressively fight unjustified claims for unemployment
C. Establish an effective performance-management program
D. Enhance national productivity and competitive ability
Answer: A,B,C
Explanation:
Explanation/Reference:
Answer options C, B, and A are correct.
C and B are both obviously correct. Although A may seem counterintuitive to some because many employers are hesitant to terminate employees for policy violations, those terminated for cause generally aren't eligible for unemployment insurance. Because retaining an employee who is not contributing to the organization is a poor business decision, maintaining adequate records to demonstrate the reasons for termination provides the tools to fight claims that are unjustified.
Chapter: Compensation and Benefits
Objective: Review Questions


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