Question 1 (2 points) Premium auditing contributes to other functional areas of the insurer. To which area does it contribute most extensively? 1) Marketing and sales 2) Claims 3) Risk control 4) Underwriting Question 2 (2 points) All of the following are steps in the underwriting process, EXCEPT: 1) Evaluate the submission 2) Select an underwriting alternative 3) Select the appropriate insurance coverages 4) Implement the underwriting decision Question 3 (2 points) A high success ratio seems to be a favorable rating for an insurer. However, this is not always the case. A high success ratio can be a result of all of the following, EXCEPT: 1) Easing competition 2) Broader coverage than competitors 3) Poor customer service 14) Deteriorating underwriting standards