Exam (elaborations)
ADJUSTER PRO FLORIDA CERTIFIED ADJUSTER GLOSSARY
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ADJUSTER PRO FLORIDA CERTIFIED ADJUSTER GLOSSARY Accumulated Depreciation - CORRECT ANSWER-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 ANSWER-A valuation method used by insurers to refl...
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