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IIA

IIA-CFSA · Question #414

Which of the following accounts would NOT be found on a life insurance company's statutory financial statements?

The correct answer is C. Deferred acquisition cost. See the full explanation below for the reasoning.

Question

Which of the following accounts would NOT be found on a life insurance company’s statutory financial statements?

Options

  • ANon admitted assets
  • BNon ledger assets
  • CDeferred acquisition cost
  • DPolicy loans

How the community answered

(50 responses)
  • A
    2% (1)
  • B
    16% (8)
  • C
    76% (38)
  • D
    6% (3)

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