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2026/2027
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Terms in this set (12)
Methods of Loss Exposure 1. Document Analysis
Identification 2. Compliance Review
3. Personal Inspections
4. Experts
Types of Documents Considered In 1. Internal Documents
Document Analysis 2. External Documents
Internal Documents 1. Financial Statements: such as the balance sheet,
income statement and the statement of cash flows.
2. Contracts
3. Insurance Policies
4. Organizational Policies and records
5. Flowcharts and organization charts
6. Loss Histories
External Documents 1. Questionnaires / checklists
2. Other external documents such as web sites,
news releases and credit reports.