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AFE · Question #112

Schedule rating:

The correct answer is B. starts with an assumed standard, frequently the manual rate, and adjusts such standard rates according to an evaluation of greater or lesser exposure to risk. See the full explanation below for the reasoning.

Question

Schedule rating:

Options

  • Astarts with a real standard, frequently the judgmental rate, and adjusts such standard rates according to an evaluation of greater or lesser exposure to risk.
  • Bstarts with an assumed standard, frequently the manual rate, and adjusts such standard rates according to an evaluation of greater or lesser exposure to risk.
  • Cstarts with an assumed standard, frequently the class rate, and adjusts such standard rates according to an evaluation of greater or lesser exposure to risk.
  • Dstarts with a real standard, frequently the individual rate, and adjusts such standard rates according to an evaluation of greater or lesser exposure to risk.

How the community answered

(28 responses)
  • A
    14% (4)
  • B
    79% (22)
  • C
    4% (1)
  • D
    4% (1)

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