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All of the following statements describe the Explanatory Audit Notes component of a premium audit report, EXCEPT: Available answer options Select only one option A

All of the following statements describe the Explanatory Audit Notes component of a premium audit report, EXCEPT: Available answer options Select only one option A Addressing all states is critical from the perspective of filing premium audit information with bureaus and advisory organizations. B Insurers routinely include audit notes for other departments in this section rather than creating a separate document. C Deviations from normal auditing or classification procedures are justifiable as long as the impact on premium is explained to the insured. D One common reason for a discrepancy in the description of operations would be a lack of accurate breakdown between classifications

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