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Evaluation & Credentialing Process Flashcards

7 cards from real CAS practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.

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  1. If a CAS exam is offered via computer-based testing (CBT), which organization typically operates the testing centers?

    Answer: Prometric

    CAS partners with Prometric to deliver computer-based exams at authorized testing centers.

  2. A candidate registering for a CAS exam who has a documented disability may request accommodations. What is the standard process?

    Answer: The candidate must submit a formal request with documentation to CAS well before the registration deadline

    Candidates must apply for accommodations in advance and submit supporting documentation through the CAS accommodation request process.

  3. Which of the following correctly describes the format of CAS Exam 5 (Basic Techniques for Ratemaking)?

    Answer: A combination of multiple-choice and written-answer questions

    CAS upper-level exams, including Exam 5, use a mixed format combining multiple-choice questions and written-answer questions.

  4. What is the significance of the pass mark (passing score) on CAS exams?

    Answer: It is determined by the Examination Committee based on exam difficulty and candidate performance, not a fixed percentage

    The pass mark is set by the Examination Committee using a criterion-referenced process that accounts for exam difficulty, not a fixed score.

  5. Candidates who wish to earn ACAS status must satisfy which combination of requirements?

    Answer: Exams 1-5, all three VEE topics, and two online courses

    ACAS requires passing Exams 1–5, completing VEE in all three areas, and two online courses (Professionalism and one elective).

  6. How does CAS handle the situation when a candidate's exam is invalidated due to a testing irregularity caused by the testing center (not the candidate)?

    Answer: The candidate is typically offered a free retake or refund

    When testing irregularities are attributable to the testing center rather than the candidate, CAS generally provides a free retake opportunity or refund.

  7. The CAS Statement of Principles Regarding Property and Casualty Insurance Ratemaking is most relevant to candidates preparing for which exam?

    Answer: Exam 5

    Exam 5 covers basic ratemaking techniques and the CAS Statement of Principles is a core syllabus reading for that exam.