between the time premiums are received and the time claims are paid may result in underwriting risk due to? a. Unexpected decreases in investment yields or returns. b. Unexpected increases in investment yields or returns. c. Unexpected increases in expenses. d. Unexpected decreases in
between the time premiums are received and the time claims are paid may result in underwriting risk due to? a. Unexpected decreases in investment yields or returns. b. Unexpected increases in investment yields or returns. c. Unexpected increases in expenses. d. Unexpected decreases in
Chapter14: Corporation Accounting
Section: Chapter Questions
Problem 17Q: Sometimes financial statements contain errors. What type of liabilities may need correction as a...
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Question
The investment income generated between the time premiums are received and the time claims are paid may result in underwriting risk due to?
a.
Unexpected decreases in investment yields or returns.
b.
Unexpected increases in investment yields or returns.
c.
Unexpected increases in expenses.
d.
Unexpected decreases in expenses.
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