Fall 2019 #11
If I put in an assumption that the "other expenses incurred" are included in the "Other income portion" not "UW income" portion, would I still lose points?
The examiner's report explicitly said that points were lost for not subtracting this out but it's not explicitly said that these are "Other UW Expenses." It seems ambiguous to me.
Comments
The question asks for income. Income formula includes UW expenses. From the set up, it is reasonable to assume "other expenses" means uw expenses.
Thanks!
Sure, good luck.