Which one of the following is true regarding loss histories?

Insurance

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Which one of the following is true regarding loss histories?

Options

A. Changing environments have little effect on the quality of loss histories.

B. Changes in an organizations operations have little effect on the quality of loss histories.

C. Loss histories are not commonly used to identify loss exposures.

D. The quality of loss histories depends on whether they are organized and consistent.

Answer: D

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