Risk and VR Flashcards by Isobel Tudor | Brainscape

Q

Contract violations

A

Wrong fuel
Smoking
Losing key
Someone else driving

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Q

Explain one way process

A

Cant close for 24hrs, 3 photos on LP of any damage and cust must sign

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Q

Explain Liability losses on the statement

A

AX - 12 month rolling average

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Q

Explain how XX’s and AX’s are expensed

A

XX - 1 month : 1600 Branch, 6400 Area, 16000 Group

AX - 12 month rolling average

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