Which of the Following Items Would Appear in the Revenue

question 11

Multiple Choice

Which of the following items would appear in the revenue section of an insurance company's income and expense statement?

• A)underwriting expense
• B)bonds
• C)loss reserves
• D)premiums

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Definitions:

Formula

An expression or equation that states a rule about a relationship among quantities, often used in mathematics, science, and engineering.

Cam Displacement Diagram

A graphical representation showing the movement of a cam follower over time or rotation of the cam.

Displacement

The distance and direction of an object's movement from its starting point.

Cam Displacement Diagram

Cam Displacement Diagram illustrates the movement (displacement) profile of a cam follower over one complete cycle, facilitating the design and analysis of cam mechanisms.