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Assume a one-year policy is sold on March 1, 2015 with an annual premium of $120. The money is collected on that date. The policy
Assume a one-year policy is sold on March 1, 2015 with an annual premium of $120. The money is collected on that date. The policy effective date is April 1, 2015. As of the end of the second quarter, the insurer's unearned premium reserve would be Available answer options Select only one option A $30. B $40. C $80. D $90
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Mastering 21st Century Enterprise Risk Management
Authors: Gregory M Carroll
1st Edition
1483510441, 9781483510446
