Exam (elaborations)
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
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ADJUSTER PRO 2 EXAM 2023/2024 Agent - CORRECT ANSWER-one who recieves the authority to act on behalf of someone else Sales Agent - CORRECT ANSWER-receives authority to sell -authority given by written contract Insurance Adjuster - CORRECT ANSWER-receives authority to settle claims brought ...
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