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A premium audit for Cromley Industries resulted in a significant premium audit additional premium charge because the policy payrolls were underestimated by roughly 10 percent.
A premium audit for Cromley Industries resulted in a significant premium audit additional premium charge because the policy payrolls were underestimated by roughly 10 percent. The auditor should alert underwriting so they can
A. Report the insured to the fraud unit. B. Request a review of the insured's financial condition. C. Increase the submitted renewal payrolls for the current year by 10 percent. D. Compare the estimated renewal payrolls for the current year with the audit results
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