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In AASB 1023 "General Insurance Contracts",premium That Has Not Been

question 51

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In AASB 1023 "General Insurance Contracts",premium that has not been recognised in the income statement is premium that is unearned and recognised in the balance sheet as an unearned premium liability.


Definitions:

Urinary Incontinence

A condition characterized by the involuntary loss of urine.

Urinary Sphincter

A muscular structure that controls the release of urine from the bladder.

Kegel Exercises

Physical exercises designed to strengthen the pelvic floor muscles.

Chronic Renal Failure

A long-term medical condition where the kidneys lose their ability to filter waste and excess fluids from the blood effectively.

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