Which Account Refers to the Reserve Set-Aside That Contains the Portion

question 85

Multiple Choice

Which account refers to the reserve set-aside that contains the portion of a premium that has been paid before insurance coverage has been provided?

• A)Unearned premiums.
• B)Prepaid premiums.
• C)Premium reserves.
• D)Policy reserves.
• E)Outstanding premiums.

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Definitions:

Diastole

The phase of the heart cycle during which the heart muscles relax and the chambers fill with blood.

AV Valves

Atrioventricular valves; heart valves located between the atria and ventricles that prevent backflow of blood.

Isovolumetric Contraction

A phase in the cardiac cycle where the ventricles contract with no change in volume because all heart valves are closed.

Ejection

The act of expelling or discharging, often related to the expulsion of blood from the heart or another substance from the body.