Exam (elaborations)
Glossary of Terms - Adjuster Pro Certification 2023 (259 QUESTIONS) (COMPLETE SOLUTION)
- Course
- Adjuster pro
- Institution
- Adjuster Pro
Adjuster Pro Certification 2023 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 reflect an item's cur...
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