BA Practice Exam 2 #25
Can anyone explain why the $30 is not amortized over the coverage period? Is this only applicable to directly attributable (as a rule of thumb)?
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Can anyone explain why the $30 is not amortized over the coverage period? Is this only applicable to directly attributable (as a rule of thumb)?
Comments
You would only amortize DAC (for example commissions) for measuring your insurance service result. Non directly attributable acquisition expenses are stuff like salaries and office supplies which you can't amortize and is included outside the ISR as "other"