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Adjuster Pro - Florida Certified Adjuster Glossary Latest 2024/2025 Questions & Answers Verified Answers (100% CORRECT ANSWERS)
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Accumulated Depreciation - ANSWER The total decrease in an item's value over a period of time. Formula: (Annual Depreciation x Number of years used) Actual Cash Value (ACV) - ANSWER A valuation method used by insurers to reflect an item's current market value right before being damaged o...
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