Exam (elaborations)
Adjuster Pro - Florida Certified Adjuster Glossary 2023 Questions and Answers 100% verified
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Accumulated Depreciation - CORRECT ANS The total decrease in an item's value over a period of time. Formula: (Annual Depreciation x Number of years used) Actual Cash Value (ACV) - CORRECT ANS A valuation method used by insurers to reflect an item's current market value right before being...
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