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Question 499 - CTFA discussion

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The pro rata portion of premiums written allocable to unexpired policy periods represents unearned premiums, which are reflected as ___________ in the balance sheet.

A.
Liabilities
Answers
A.
Liabilities
B.
Expenses
Answers
B.
Expenses
C.
Revenues
Answers
C.
Revenues
D.
None of the above
Answers
D.
None of the above
Suggested answer: A
asked 16/09/2024
Cheah Eng Soon
34 questions
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