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Jeanette, a bond underwriter, was evaluating the financial status of a contractor who applied for a surety bond. She reviewed the contractor's account books. She
Jeanette, a bond underwriter, was evaluating the financial status of a contractor who applied for a surety bond. She reviewed the contractor's account books. She called parties that owed the contractor money and those to whom the contractor owed money to ensure the account balances listed were accurate. The process the bond underwriter engaged in to evaluate the financial status of the contractor is called Available answer options Select only one option A Direct verification. B An underwriting audit. C Financial statement analysis. D Subrogation
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