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NEW QUESTION: 1
Recent activities in the marketplace have caused your company to comply with requests from 50 percent of your policyholders to cancel their policies. The company complies and refunds them amounts due. Your audit of this should ensure these refunds were charged against what account?
A. Allocation for uncollectible accounts
B. Incurred but not reported (IBNR)
C. Unearned premium reserve
D. Goodwill
Answer: C


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