Exam (elaborations)
Claims Adjuster Glossary of Terms [Complete Study] 100% Correct
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Claims Adjuster Glossary of Terms [Complete Study] 100% Correct Accumulated Depreciation *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) *Ans*A valuation method used by insurers to reflec...
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