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Title: What is the purpose of the asset valuation reserve? Post by: medulla on Jun 2, 2017 What is the purpose of the asset valuation reserve?
A) To absorb losses arising from sales of assets for less than their cost (capital losses) B) To absorb losses arising from the insolvency of debtors (credit losses) C) To absorb losses caused by changes (increases) in interest rates on government securities D) To absorb losses caused by guaranty fund assessments made against insurer assets Title: Re: What is the purpose of the asset valuation reserve? Post by: giddu on Jun 2, 2017 Content hidden
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