When policy periods expire, the premiums written are earned and are recognized as:

Posted by: Pdfprep Category: AFE Tags: AFE exam questions, AFE practice exam, AFE Designation Post Date: January 12, 2021

When policy periods expire, the premiums written are earned and are recognized as:
A . Liabilities
B . Expenses
C . Revenues
D . None of the above

Answer: C