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To verify claims, the auditor should: a. check whether provision made is normally not in excess of the amount insured. b. check in case of
To verify claims, the auditor should: a. check whether provision made is normally not in excess of the amount insured. b. check in case of co-insurance arrangements. The company has made provisions only in respect of its own share of anticipated liability c. all of the choices are correct d. check claimed paid should be duly sanctioned by the authority concerned
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