Which of the Following Is Considered a Nonadmitted Asset for an Insurer

question 38

Multiple Choice

Which of the following is considered a nonadmitted asset for an insurer?

• A)cash
• B)preferred stocks
• C)real estate
• D)office furniture

Accurately record transactions involving sales discounts, returns, and the collection of accounts receivable.

Estimate bad debt expense using various methods and understand its significance in financial reporting.

Understand the distinctions between different environmental worldviews (anthropocentric, biocentric, ecofeminism, environmental wisdom, planetary management, and stewardship).

Recognize the principles and arguments of ecofeminism.

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Definitions:

Community Psychology

This discipline studies the interplay between individuals and their communities, aiming to enhance quality of life through research and intervention.

Research

The systematic investigation into and study of materials and sources in order to establish facts and reach new conclusions.

Community Psychologists

Experts in psychology focusing on community-based issues and interventions to promote psychological health and social cohesion.

Positive Sense

An optimistic or affirmative attitude or interpretation towards a situation or piece of information.