Category: IC46 GENERAL INSURANCE ACCOUNTS PREPARATION – 16

Que. 1 : Q1) Acquisition costs, if any, shall be expenses in the period in which they are incurred. Say whether True or False.    1.  a) True    2.  b) False    3.      4.   Que. 2 : Q2) Which of the following are purposes of investment of an insurance company?    1.  a) To comply with the regulatory requirements    2.  b) To meet any […]