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MICHIGHAN LIFE ANDHEALTH INSURANCE EXAM COMPLETE WITH QUESTIONS AND CORRECT DETAILED ANSWERS WITH RATIONALES (VERIFIED ANSWERS)2024
activities of daily living (ADLs) - ANSWERS,Activities individuals must do every day such as moving 
about, getting dressed, eating, bathing, etc. 
Actual Cash Value (ACV) - ANSWERS,The required amount to pay damages or for property loss, 
which is calculated based on the property's current replacement value minus depreciation. 
Actual Charge - ANSWERS,The amount a physician or supplier actually bills for a particular service 
or supply. 
Actuary - ANSWERS,Person trained in the technical asp...
- Exam (elaborations)
- • 27 pages •
activities of daily living (ADLs) - ANSWERS,Activities individuals must do every day such as moving 
about, getting dressed, eating, bathing, etc. 
Actual Cash Value (ACV) - ANSWERS,The required amount to pay damages or for property loss, 
which is calculated based on the property's current replacement value minus depreciation. 
Actual Charge - ANSWERS,The amount a physician or supplier actually bills for a particular service 
or supply. 
Actuary - ANSWERS,Person trained in the technical asp...