Digital actuarial resources fap modules 1 through 5 review questions 4 5 a spring flood in north dakota threatens a small farming town sledge one of the residents has his house 10 feet from the normal riverbank his house is currently under water sledge has fire insurance but no flood insurance. Test your knowledge of modules 1 through 5 of the fundamentals of actuarial practice course from the soa this book contains 385 challenging problems designed to help you prepare for the end of module exercises and the first assessment the questions are very comprehensive featuring topics from res. The book covers every major topic of the first five modules of the fap course the questions cover subjects from reserving methods to risk management to claim studies all the questions are multiple choice with most problems having 5 possible answers. Fap fundamentals of actuarial practice welcome to the fap home page please review all of the information and links provided below fap is a self paced e learning course composed of eight modules where candidates acquire and use knowledge that is distributed and facilitated by electronic means. Review questions for fap modules 1 5 and the first assessment fundamentals of actuarial practice prepare for the first assessment project of the fap modules with this compilation of practice questions from digital actuarial resources
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