Examlex
There are four basic components of an insurance premium. Which of the following is not one of those components?
Selling Price
The amount of money charged for a product or service, or the sum obtained from the sale of an asset.
Receivables
Money owed to a company by customers for goods or services that have been delivered or used but not yet paid for.
Ending Cash Balance
The amount of cash a company has available at the end of a financial period.
Sales
The total amount generated from selling goods or services over a specific period of time.
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