Examen
Glossary of Terms - Adjuster Pro Certification With question and answers 100% verified
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Accumulated Depreciation - CORRECT ANSWERThe total decrease in an item's value over a period of time. Formula: (Annual Depreciation x Number of years used) Actual Cash Value (ACV) - CORRECT ANSWERA valuation method used by insurers to reflect an item's current market value right before being dam...
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