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NEW QUESTION: 1
Under the alternative funding method used by the Flair Company, Flair assumes financial responsibility for paying claims up to a specified level and deposits the funds necessary to pay these claims into a bank account that belongs to Flair. However, an insurer, which acts as an agent of Flair, makes the actual payment of claims from this account. When claims exceed the specified level, the insurer pays the balance from its own funds. No state premium tax is levied on the amounts that Flair deposits into this bank account.
From the following answer choices, choose the name of the alternative funding method described.
A. Reserve-reduction arrangement
B. Minimum-premium plan
C. Premium-delay arrangement
D. Retrospective-rating arrangement
Answer: B

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Answer: A

NEW QUESTION: 3
You need to log all attempts to access sensitive content.
For each event, which type of policy should you implement? To answer, select the appropriate policy from each list in the answer area.

Answer:
Explanation:

Explanation