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American Bankers Association Exam CTFA Topic 5 Question 89 Discussion
Actual exam question for
American Bankers Association's
CTFA exam
Question #: 89
Topic #: 5
[All CTFA Questions]
Topic #: 5
What allows an entity to eliminate the reserve that was recorded for the claim, even if it exceeded the amount paid for the settlement?
Suggested Answer:
C
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