Exam (elaborations)
AIAF 4: PC Premium Accounting Questions And Answers Already Graded A+
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The method most commonly used by PC insurers to recognize premium is - Answer--deferralmatching Deferral-Matching: Any prem charged on a policy before its effective date will be: - Answer--Deferred and not recognized as written premium until the effective date Deferral-Matching: Prem rev for a p...
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