Question
2.The flow of the underwriting process is :Required to answer. Single choice. (2 Points) Evaluate risk accept application determine premium pay the premium Evaluate risk
2.The flow of the underwriting process is :Required to answer. Single choice.
(2 Points)
Evaluate risk accept application determine premium pay the premium
Evaluate risk accept application reject application pay the premium
None of the given options are correct
Evaluate risk accept application decline application determine appropriate premium
3.Where is the net profit after tax be adjusted in a statement of changes in equity?Required to answer. Single choice.
(2 Points)
It is adjusted in the non-current liability
It is adjusted to the retained earnings
It is added to the current assets
It is added to the equity share capital
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