If assets are overvalued, the result would be
A. More surplus
B. Less surplus
C. More or less surplus
D. New business strain
Answer: Option A
Solution(By Examveda Team)
If assets are overvalued, the result would be more surplus. As a result of over valuation of all the assets of an insurance company, the company's financial statements would show more surplus than the actual one.Related Questions on Insurance
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