Valuable ASIS-APP Study Materials - Real ASIS Associate Protection Professional (APP) Online Resource For Preparation

Valuable ASIS-APP Study Materials – Real ASIS Associate Protection Professional (APP) Online Resource For Preparation

Eleanor2023-03-07T06:24:53+00:00

By Eleanor ASIS, Associate Protection Professional (APP) ASIS-APP, ASIS-APP exam questions, ASIS-APP online resource, ASIS-APP study materials 0 Comments

Candidates who are planning to take the ASIS Associate Protection Professional (APP) exam can choose the proper online resources for learning. ITPrepare provides real ASIS-APP study materials for those who want to prepare for the exam. It offers comprehensive questions and answers to help the aspirants to get familiar with the security management fundamentals, business operations, risk management, and response management. With ITPrepare, you can be sure to pass the ASIS Associate Protection Professional (APP) exam with ease and become a certified professional.

ASIS Associate Protection Professional (APP) Free ASIS-APP Demo Dumps

Page 1 of 8

1. Why might lower-level managers more readily accept a bottom-up budget?

To allow for future operational increases

Because it is a CFO direction

Because they had a role in developing it

To ensure alignment

2. What are the main functions of a physical protection system (PPS)?

The primary functions are detection, delay, and record. Deterrence is a secondary function.

The primary functions are direct, delay, and response. Deterrence is a secondary function.

The primary functions are determine, delay, and response. Deterrence is a secondary function.

The primary functions are detection, delay, and response. Deterrence is a secondary function.

3. What is the ‘necessary human being’ concept?

The particular characteristics and reactions required at a security post necessitate human capabilities

Dependant characteristics of a human operating a security system

The particular characteristics and reactions required at a security post that do not necessitate human capabilities

The particular characteristics and reactions required at a security post that can be recovered and upgraded by mechanical means

4. What are the five forces shaping assets protection globally?

Collaboration in Systems Globalisation in business Standards and regulation Convergence of security solutions Homeland security and international security environment

Visualisation and Connectivity Globalisation in business Standards and regulation Convergence of security solutions Homeland security and international security environment

Technology and touch Globalisation in business Standards and regulation Convergence of security solutions Homeland security and international security environment

Emergency Management Standards and regulation Convergence of security solutions Homeland security and international security environment

5. What should be the primary basis for camera selection?

The sensitivity required for a full video output signal under optimal conditions

Location

Site Selection and Cost accrued

The sensitivity required for a full video output signal in the lighting environment in the area to be assessed

6. Assets protection is increasingly based on what principle?

Risk management.

Insurance Cost

Legal requirement

Cost of replacement

7. For insurance against business interruption, what are the two types of valuation methods?

Perceived loss sustained Valued loss

Actual loss sustained Valued loss

Actual loss sustained Insured loss sustained

Actual loss sustained Incurred replacement cost

8. What system reduces the possibility that a facility badge can be counterfeited, lost, or stolen?

62 Bit Encryption

Proximity Badge

32 Bit Encryption

An exchange badge system

9. On what should the decision of whether to arm an officer be based?

Budgeting and Training

Whether there is greater danger to life safety without a weapon Whether the officer may reasonably be expected to use fatal force

Local Legislation and availability of firearms

Availability of competent trained personnel

10. What are the five basic coverages of crime insurance policy?

Employee dishonesty bond Money and securities coverage inside the premises Money and securities coverage outside the premises Money order and counterfeit paper currency coverage Harassment Bond

Employee Injury bond Money and securities coverage inside the premises Money and securities coverage outside the premises Money order and counterfeit paper currency coverage Depositors forgery coverage

Employee dishonesty bond Money and securities coverage inside the premises Money and securities coverage outside the premises Money order and counterfeit paper currency coverage Depositors forgery coverage

Page 2 of 8

11. Who should be involved in developing a standard?

A broad group of stakeholders and interested parties, working collaboratively

Industry Experts

Industry Experts and Academics

Public and Private partnership

12. What is the most important consideration when a security person deals with a disturbed person?

Bringing the person into custody and eliminating immediate danger

Evacuating the area

Contacting Law Enforcement

Placing the site into Lockdown status

13. In Pastor’s public/private, substitute/supplement model of policing, which cell represents the rarest scenario?

Public/Private

Private/Industrial

Public/Substitute

Private/Substitute

14. What three questions does a risk assessment attempt to answer?

What Protocols currently exist? What is the likelihood it would go wrong? What are the consequences?

What can go wrong? What is the cost associated? What are the consequences?

What resources are available? What is the likelihood it would go wrong? What are the consequences?

What can go wrong? What is the likelihood it would go wrong? What are the consequences?

15. When is containment a good strategy?

When theft is the adversary’s goal. Containment involves preventing the adversary from leaving the site with stolen items.

When assisted by Law Enforcement

When access to firearms is available

When there is company fraud or embezzlement

16. What is a primary benefit of zero-based budgeting?

Zero based budgeting may force managers to consider alternative ways of getting the job done

Zero based budgeting may force managers to consider seeking alternate funding

Zero based budgeting may force managers to request additional supports

Zero based budgeting may force managers to consider streamlining the operation

17. What are the first steps in upgrading a facility’s resistance to penetration?

Defence in Depth

Layered Protection

Eliminating unnecessary doors and windows

Technical Protection measures

18. What are the three ways of verifying personnel entry?

Who you are (role) What you know (PIN, password) What you have (badge)

Who you are (role) What you know (PIN, password) What you are (biometrics)

What you have (credential) What you know (PIN, password) What you are (biometrics)

What you have (credential) What you carry (YubiKey) What you are (biometrics)

19. What members should comprise a vulnerability assessment team?

Security specialist (leader) Security Systems engineer Response expert Data analyst Operations Representatives Subject matter experts (locksmiths, technical writers, legal experts)

Security specialist (leader) Security Systems engineer Response expert HR expert Operations Representatives Subject matter experts (locksmiths, technical writers, legal experts)

Security specialist (leader) Security Systems engineer Response expert CFO Operations Representatives Subject matter experts (locksmiths, technical writers, legal experts)

Security specialist (leader) Security Systems engineer Response expert CISO Operations Representatives Subject matter experts (locksmiths, technical writers, legal experts)

20. What four major areas does assets protection cover in the telecommunications sector?

Information security Network/computer security Fraud prevention Physical security

Information security Network/computer security Business Continuity Physical security

Information security Emergency Management Fraud prevention Physical security

Information security Network/computer security Fraud prevention Physical Intervention

Page 3 of 8

21. Field welds and brazing on factory boxes, enclosures, and conduits should be coated with what?

Cold galvanized paint containing at least 95 percent zinc by weight

Cold galvanized paint containing at least 75 percent zinc by weight

Cold galvanized paint containing at least 65 percent zinc by weight

Cold galvanized paint containing at least 55 percent zinc by weight

22. What is colour rendition?

The ability of a lamp to identify colours seen in an object

The ability of a lamp to record the colours seen in an object

The ability of a lamp to faithfully reproduce the colours seen in an object

The ability of a lamp to minimise and reduce the colours seen in an object

23. What is the debt to equity ratio?

The debt to equity ratio is a measure of a company’s long term financial health Debt to equity ratio = total liabilities/shareholder securities

The debt to equity ratio is a measure of a company’s long term financial health Debt to equity ratio = total liabilities/shareholder liabilities

The debt to equity ratio is a measure of a company’s long term financial health Debt to equity ratio = total liabilities/shareholder equity

The debt to equity ratio is a measure of a company’s long term financial health Debt to equity ratio = total liabilities/shareholder accounts

24. A well-engineered physical protection system (PPS) exhibits which three characteristics?

Protection in Depth Minimum consequence of component failure (redundancy) 360 Coverage

Protection in Depth Minimum consequence of component failure (redundancy) Balanced protection

Protection in Depth Minimum consequence of component failure (redundancy) Power Redundancy

Protection in Depth Layered Perimeter Utility Support

25. What are the five Ds of security?

Divide Deny Detect Delay Destroy

Defend Deny Detect Delay Destroy

Define Deny Detect Delay Destroy

Deter Deny Detect Delay Destroy

26. According to Fennelly, what are the three key tools in crime prevention programs?

Planning Management Cost

Planning Management Evaluation

Planning Management Availability

Planning Management Communication

27. What is the difference between asset protection and security?

Assets protection includes all security functions, as well as related functions such as investigations, legal oversight, risk management, safety, compliance, and emergency management.

Assets protection includes only physical security related functions.

Assets protection includes all security functions, as well as related functions such as investigations, risk management, safety, human resources, compliance, and emergency management.

Assets protection includes all security functions, as well as related functions such as investigations, risk management, safety, compliance, and emergency management.

28. What is the cost of loss formula?

K = (Cp + Ct + Cr + Ci) C (I- a), where: K = criticality, total cost of loss Cp = cost of temporary insurance Ct = cost of temporary substitute Cr = total related costs Ci = lost income costs I = available insurance or indemnity a = allocable insurance premium amount

K = (Cp + Ct + Cr + Ci) C (I- a), where: K = criticality, total cost of loss Cp = cost of permanent insurance Ct = cost of temporary substitute Cr = total related costs Ci = lost income costs I = available insurance or indemnity a = allocable insurance premium amount

K = (Cp + Ct + Cr + Ci) C (I- a), where: K = criticality, total cost of loss Cp = cost of permanent replacement Ct = cost of temporary substitute Cr = total related costs Ci = lost income costs I = available insurance or indemnity a = allocable insurance premium amount

K = (Cp + Ct + Cr + Ci) C (I- a), where: K = criticality, total cost of loss Cp = cost of permanent replacement Ct = cost of temporary substitute Cr = total insurable costs Ci = lost income costs I = available insurance or indemnity a = allocable insurance premium amount

29. What is good practice to make sure a guest wears a badge while on the premises?

Explain to the person that the badge permits immediate recognition by and assistance from employees

Identification of approved guests and employees

Explain to the person that the badge must be worn otherwise they will have to leave the site

Explain to the person that the badge is a legal requirement

30. What are the three ways to measure profit margins?

Gross profit margin = (revenue C cost of goods bought C general and administrative costs)/revenue Operating margin = EBITA (earnings after interest, taxes, and amortization)/ revenue

Gross profit margin = (revenue C cost of goods bought C general and administrative costs)/revenue Operating margin = EBITA (earnings before interest, taxes, and amortization)/ revenue

Gross profit margin = (revenue C cost of goods sold C general and administrative costs)/revenue Operating margin = EBITA (earnings before interest, taxes, and amortization)/ revenue

Gross profit margin = (revenue C cost of goods sold C general and administrative costs)/revenue Operating margin = EBITA (earnings after interest, taxes, and amortization)/ revenue

Page 4 of 8

31. What are the two general types of insurance?

Personal Accidental

Property Liability

Property Travel

Property Accidental

32. What does an income statement show?

Revenue Expenses Statement of Assets

Revenue Expenses Share value

Revenue Expenses Closing balance

Revenue Expenses Net income over a defined period

33. What are the four main types of CCTV cameras?

Standard analog CCD Dome Infrared Thermal

Standard analog CCD IP Infrared Thermal

Standard analog CCD Bullet Infrared Thermal

Standard analog CCD Fixed Infrared Thermal

34. What are post orders based on?

Legal Guidelines

Standard Operating Procedures

Client Needs

Location and hours of work

35. What is the formula for lost income cost?

I = i/365 x P x t, where: I = Income earned I = annual percent loss of return P = Principal amount) in dollars) available for investment t = time (in days) during which P is available for investment

I = i/365 x P x t, where: I = Income lost I = annual percent rate of return P = Principal amount) in dollars) available for investment t = time (in days) during which P is available for investment

I = i/365 x P x t, where: I = Income earned I = annual percent rate of return P = Principal amount) in dollars) available for investment t = time (in days) during which P is available for investment

I = i/365 x P x t, where: I = Income earned I = annual percent rate of return P = Principal amount) in dollars) lost on investment t = time (in days) during which P is available for investment

36. What is the biggest vulnerability of a loop system?

All the detectors in an area could be disabled by interrupting the loop at the proper location

Physical Intervention

Power interruption

Detectors not being recorded on a system

37. What two ratios show how an organisation has done in making money during a reporting period?

Return on assets = net income/total assets Return on equity = net income/shareholder equity

Return on assets = net income/total shares Return on equity = net income/shareholder equity

Return on assets = net shares/total shares Return on equity = net income/shareholder equity

Return on assets = net income/total assets Return on equity = net outcomes/shareholder equity

38. What is the current ratio?

The current ratio is a measure of a company's ability to cover medium term obligations Current ratio = current assets/current liabilities

The current ratio is a measure of a company's ability to cover long term obligations Current ratio = current assets/current liabilities

The current ratio is a measure of a company's ability to cover immediate obligations Current ratio = current assets/current liabilities

The current ratio is a measure of a company's ability to cover short term obligations Current ratio = current assets/current liabilities

39. What does a balance sheet show?

A summary of an organisations investing and financing

A summary of an organisations profits and loss

A summary of an organisations share value

A summary of an organisations RSU schedule

40. What three factors should determine selection of a CCTV camera?

Sensitivity Degradation Features

Sensitivity Resolution Features

Sensitivity Degradation Timing

Resolution Degradation Timing

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41. What are the three managerial dimensions of assets protection?

Technical expertise Management ability Communications

Academic Qualifications Management ability Ability to deal with people

Technical expertise Operational ability Ability to deal with people

Technical expertise Management ability Ability to deal with people

42. What is ‘minimum resolvable temperature’?

The detection threshold for passive infrared (PIR) sensors, calculated from the difference in temperature between an intruder, activity and the background.

The detection threshold for passive infrared (PIR) sensors, calculated from the difference in temperature between staged sensors

The detection threshold for passive infrared (PIR) sensors, calculated from the difference in temperature between an intruder and the site environment.

The detection threshold for passive infrared (PIR) sensors, calculated from the difference in temperature between an intruder and the background.

43. What are the five avenues of addressing risk?

Analysis Transfer Spreading Reduction Acceptance

Replacement Transfer Spreading Reduction Acceptance

Avoidance Transfer Spreading Reduction Acceptance

Review Transfer Spreading Reduction Acceptance

44. How is the response function of a physical protection system (PPS) measured

The response function of a PPS is measured by the time between receipt of communication of adversary action and the arrest of the adversary

The response function of a PPS is measured by the time between the alarm time and incident closure

The response function of a PPS is measured by the time between receipt of communication of adversary action and the arrival of law enforcement

The response function of a PPS is measured by the time between receipt of communication of adversary action and the interruption of the adversary action

45. What is the goal of a vulnerability assessment?

To identify physical protection system (PPS) components in the functional areas of site security and to gather data to estimate site performance against particular threats.

To identify physical protection system (PPS) components in the functional areas of entry and access and to gather data to estimate their performance against particular threats.

To identify physical protection system (PPS) components in the functional areas of detection, delay and response and to gather data to estimate their performance against particular threats.

To identify physical protection system (PPS) components in the functional areas of emergency management and business continuity and to gather data to estimate their performance against particular threats.

46. What are the three most common methods of training protection dogs?

Positive reinforcement (praise) Compulsion (negative corrections) Inducement (toys, foods)

Positive reinforcement (praise) Compulsion (negative corrections) Punishment (corrections)

Positive reinforcement (praise) Communication (talking) Inducement (toys, foods)

Repeated Performance (repeat exercise) Compulsion (negative corrections) Inducement (toys, foods)

47. What is the quick ratio?

The quick ratio is a measure of an organisations ability to cover current liabilities with current assets that be quickly converted to cash Quick ratio = (cash + securities + accounts receivable)/current liabilities

The quick ratio is a measure of an organisations ability to cover projected liabilities with current assets that be quickly converted to cash Quick ratio = (cash + securities + accounts receivable)/projected liabilities

The quick ratio is a measure of an organisations ability to cover future liabilities with current assets that be quickly converted to cash Quick ratio = (cash + securities + accounts receivable)/future liabilities

The quick ratio is a measure of an organisations ability to cover current liabilities with borrowed assets that be quickly converted to cash Quick ratio = (cash + securities + accounts receivable)/borrowed liabilities

48. What organisation is the world’s largest developer of international standards?

ASIS

WHO

ISO, the International Organisation for Standardisation

European Union

49. According to Oatman, what are the six principles that should guide thinking about executive protection?

Prevent and avoid danger Realize that anyone can protect anyone Don’t stop to think Keep clients out of trouble Understand the security vs convenience continuum Rely on technology

Prevent and avoid danger Realize that anyone can protect anyone Stop to think Keep clients out of trouble Understand the security vs convenience continuum Rely on brains, not on technology

Prevent and avoid danger Only team members can protect anyone Stop to think Keep clients out of trouble Understand the security vs convenience continuum Rely on brains, not on technology

Prevent and avoid danger Realize that anyone can protect anyone Don’t stop to think Keep clients out of trouble Understand the security vs convenience continuum Rely on brains, not on technology

50. What is the underlying equation of the balance sheet?

Assets = liabilities + stock

Assets = liabilities + shareholder equity

Assets = liabilities + stock cost

Assets = liabilities + shareholder equity + RSU cost

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51. What are the three primary functions of a physical protection system (PPS)?

Detection Delay Response

Assess Report Response

Record Deny Respond

Identify Deny Respond

52. What two values describe sensor effectiveness?

Location of Sensor Lighting

Probability of detection Lighting

Location of Sensor Confidence level

Probability of detection Confidence level

53. What are the two key measurements for the effectiveness of the detection function of a physical protection system? (PPS)

Probability of sensing adversary action and Implementation of effective countermeasures

Target identification and Isolation of the incident

Implementation of countermeasures Evaluation of effectiveness

Probability of sensing adversary action, Time required for reporting and assessing the alarm.

54. What are the three contributors to cost of replacement?

Repair and Replacement cost Freight and Shipping charges Make C ready or preparation cost to install it or make it functional

Insurance Cost Freight and Shipping charges Make C ready or preparation cost to install it or make it functional

Upgrade Cost including replacement fee Freight and Shipping charges Make C ready or preparation cost to install it or make it functional

Purchase price or manufacturing cost Freight and Shipping charges Make C ready or preparation cost to install it or make it functional

55. What are the five pillars of ISO standards?

Equal footing of members Market need Consensus Voluntary participation and application Worldwide applicability

Equal footing of members Direction of Market Consensus Voluntary participation and application Worldwide applicability

Equal footing of members Direction of Market Global alignment Voluntary participation and application Worldwide applicability

Equal footing of members Direction of Market Economic Need Voluntary participation and application Worldwide applicability

56. What is an effective way of setting the value of line items in a budget?

Look at each budget expense as an investment and calculate the expected return on that investment

Look at each budget expense as an investment and reduce the expected return on that investment

Look at each budget expense as an investment and divide the expected return on that investment

Look at each budget expense on its own and calculate the expected return on projected investments

57. What is the vulnerability assessments team’s primary job as it pertains to a physical protection system (PPS)?

To determine security system effectiveness.

To secure a site

To record system violations

To determine the alarm response ratio

58. When should a supervisor visit a security post?

Regularly, in an unscheduled manner

Once per hour

Twice per hour

Six times during 9 hour shift

59. What are the three levels of assessment for violent risk among known subjects?

Initial Threshold Comprehensive

Initial Threshold Violent

Initial Assessment Comprehensive

Immediate Threshold Comprehensive

60. What three factors are driving the growth of private policing?

Economic and operational issues (Fear of) crime and violence Order maintenance

Economic and operational issues (Fear of) crime and violence Cost replacement

Economic and operational issues Access to firearms Order maintenance

Legal and Security issues (Fear of) crime and violence Order maintenance

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61. What are the three main limitations of financial statement analysis?

It doesn’t consider changes in market conditions All organisations operate in similar markets Financial reports must be accurate for financial ratios to have meaning

It doesn’t consider changes in market conditions All organisations operate differently and target different markets Financial reports must be accurate for financial ratios to have meaning

It considers changes in market conditions All organisations operate differently and target different markets Financial reports must be accurate for financial ratios to have meaning

It considers changes in market conditions All organisations operate in similar markets Financial reports must be accurate for financial ratios to have meaning

62. What are general orders?

Guidelines for Operations

Canons, or bodies of principles, for protection officers (e.g. No smoking on duty)

Suggested Guidelines for protection officers

Recommended guidelines and principles, for protection officers (e.g. No smoking on duty)

63. What is generally the most practical approach to budget development?

A combination of top down and bottom up processes and mutual forecasting

A top down approach

A bottom up approach

A combination of top down and bottom up processes

64. What are the two basic analytical approaches to a risk assessment?

Compliance based and Descriptive

Quantitively and Qualative

Metrics and Graphical

Compliance based Performance based

65. 1.What are indirect costs to security?

Harm to Reputation Loss of goodwill Loss of employees Harm to employee morale

Harm to Reputation Loss of goodwill Loss of employees Insurance Costs

Increased Alarm Rates Indirect Career Progression Loss of employees Harm to employee morale

Harm to Reputation Loss of goodwill Loss of contract Harm to Business

66. What are the three primary functions of security lighting?

Deterrence Life safety Video lighting

Deterrence Incident Recording Video lighting

Prevention and Retention Life safety Video lighting

Incident Management Life safety Video lighting Video lighting

67. What four questions does risk management attempt to answer?

What can be done? What options are available? What are the associated trade-offs in terms of costs, benefits, and risks? What are the impacts of current management decisions on future options?

What is the cost? What options are available? What are the associated trade-offs in terms of costs, benefits, and risks? What are the impacts of current management decisions on future options?

What can be done? What protocols are available? What are the associated trade-offs in terms of costs, benefits, and risks? What are the impacts of current management decisions on future options?

Who is responsible for completing the Risk Management matrix? What options are available? What are the associated trade-offs in terms of costs, benefits, and risks? What are the impacts of current management decisions on future options?

68. What are the three standard financial reports?

Income statement Balance sheet Statement of cash flows

Income statement Bank statement Statement of cash flows

Income statement Balance sheet Statement of assets

Income statement Balance sheet Share value

69. What are the elements of a systems approach to developing a physical protection system (PPS)?

Assessment of needs Implementation of countermeasures Evaluation of effectiveness

Assessment of vulnerability Implementation of countermeasures Evaluation of effectiveness

Assessment of vulnerability Evaluation of effectiveness and Defence in Depth

Assessment of needs Implementation of countermeasures Evaluation of effectiveness

70. Why should colour be used sparingly in graphical alarm displays?

Because 10 percent of the population has some form of colour blindness

Because 5 percent of the population has some form of colour blindness

Because 15 percent of the population has some form of colour blindness

Because 13 percent of the population has some form of colour blindness

Page 8 of 8

71. What three elements are depicted in a cash flow statement?

Net operating cash flow Net investing cash flow Pending funds due

Net operating cash flow Net investing cash flow End of year statement

Net operating cash flow Net investing cash flow Expected cash flow

Net operating cash flow Net investing cash flow Financing cash flow

72. What is the design C basis threat?

The cost incurred for the utility being protected. It is used to help design and evaluate a physical protection system (PPS)

The adversary against which the utility must be insured against. It is used to help design and evaluate a physical protection system (PPS) by the CISO

The cost incurred for the person being protected.

The adversary against which the utility must be protected. It is used to help design and evaluate a physical protection system (PPS)

73. Which two ratios demonstrate how well a firm has done in making money for a reporting period?

Return on assets = net assets/total assets Return on equity = net income/shareholder equity

Return on assets = net income/total assets Return on equity = net income/shareholder equity

Return on assets = net income/total assets Return on equity = net outgoings/shareholder equity

Return on assets = net income/total equity Return on equity = net income/shareholder equity

74. What are the thee most critical threats in high-rise structures?

Fire Explosion Terrorism

Fire Explosion Personnel

Fire Explosion Infrastructure Damage

Fire Explosion Contamination of support systems

75. What are the three general measures to valuing assets?

Cost Consequence criteria Policy

Insurance Fees Consequence criteria Policy

Asset Liability Consequence criteria Policy

Value of the Assets Consequence criteria Policy

76. Which two earnings C related ratios are commonly examined in financial analysis?

Earnings per share = net income/total shares Price to earnings = price per share/earnings per share

Earnings per share = net assets/total shares Price to earnings = price per share/earnings per share

Earnings per share = net income/total shares Price to earnings = price per share/earnings after sales

Earnings per share = net income/total shares Price to earnings = price per share/earnings per quarter

77. According to Davidov and Malone, what is the centrepiece of the new global economy?

The relationship between economics, security and policy

Economics and Technology

Vendor Ownership and Management Process recognition

The virtual product, where major business functions are outsourced with hardly any internal departmentalization.

78. What organisation is the administrator and coordinator of the US private sector voluntary standardization system?

The American National Standards Academy (ANSA)

The American National Standards Institute (ANSI)

ASIS

The American National Standards Organisation (ANSO)

79. What does a cash flow statement show?

Available funds to the organisation

How cash inflows and outflows affect an organisation

Funds due to the organisation

Available funds allocated for the financial year

80. What are the three classifications of loss in Insurance policies?

Direct Loss Loss of use Extra C expense loss (e.g., cost of defending a liability suit or paying a judgement)

Indirect Loss Loss of use Extra C expense loss (e.g., cost of defending a liability suit or paying a judgement)

Direct Loss Replacement Cost Extra C expense loss (e.g., cost of defending a liability suit or paying a judgement)

Indirect Loss Replacement Cost Extra C expense loss (e.g., cost of defending a liability suit or paying a judgement)

Valuable ASIS-APP Study Materials – Real ASIS Associate Protection Professional (APP) Online Resource For Preparation