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39) Insurance policy benefits are classified on an insurance company's balance sheet as O a. Liabilities, because the insurance company may have to pay out
39)
Insurance policy benefits are classified on an insurance company's balance sheet as O a. Liabilities, because the insurance company may have to pay out the benefits. b. Assets, because policy benefits are valuable to the company. OC. Liabilities, because customers may fall behind on their premium payments. Od Assets, because policy benefits are fully covered by premium payments Step by Step Solution
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