Exam DISC-RM Practice Question 236
Study guide: Exam DISC-RM
A retailer's general liability policy is rated at $2.50 per $1,000 of gross sales. The deposit premium was based on estimated sales of $3,200,000, and the final audit finds actual sales of $2,800,000. What is the result of the audit?
- A) An additional premium of $1,000
- B) A return premium of $1,000
- C) A return premium of $7,000
- D) No change, because the deposit premium is final
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