Multiple Choice
Customer Concern Insurance Company tries to settle claims as quickly as possible.In certain cases,agents can present payments to claimants which are cleared through the banking system like a check,but must be passed through the Insurance Company for approved prior to payment.This is an example of a
A) zero balance account.
B) payable-through draft.
C) insurance float voucher.
D) post-dated check.
Correct Answer:
Verified
Correct Answer:
Verified
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