Exam (elaborations)
AIAF 114 PC Premium Accounting Exam Test Guide with Latest Update
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The method most commonly used by PC insurers to recognize premium is - ANSWER--deferral-matching 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...
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