CAS Continuing Education & Professional Development 2

Question 1

Under CAS continuing education requirements, which activity typically qualifies as 'organized activity' CE credit?

Accepted Answer

Attending a CAS webinar with a structured agenda

Answer

Organized activities such as webinars, seminars, and structured courses with defined learning objectives qualify as organized CE credit under CAS guidelines.

Question 2

A CAS Fellow who serves as a volunteer mentor to an ACAS candidate can count mentoring hours toward CE under which category?

Accepted Answer

Unorganized activity

Answer

Mentoring an actuarial candidate typically qualifies as unorganized (self-directed) CE activity under CAS guidelines.

Question 3

The CAS Code of Professional Conduct Precept 2 specifically addresses which professional obligation?

Accepted Answer

Performing actuarial services only when qualified

Answer

Precept 2 requires actuaries to perform actuarial services only when they are qualified by education, training, or experience.

Question 4

How many CE hours must a CAS Fellow complete within each rolling two-year period under standard requirements?

Accepted Answer

30 hours

Answer

CAS Fellows are required to complete at least 30 hours of continuing education within each rolling two-year period.

Question 5

Which of the following best describes the purpose of the Actuarial Board for Counseling and Discipline (ABCD)?

Accepted Answer

To provide guidance and investigate complaints about actuarial conduct

Answer

The ABCD counsels actuaries on professional conduct questions and investigates complaints alleging violations of the Code of Professional Conduct.

(CAS) Casualty Actuarial Society Practice Test

(CAS) Casualty Actuarial Society Practice Test

CAS Continuing Education & Professional Development 2