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What is ASAP methodology

Answer Posted / max

in addition to answers above:
SAP - Statutorily mandated accounting principles and
practices that must be followed when an insurance company
submits its annual financial statement to the department of
insurance. In contrast to Generally Accepted Accounting
Principles (GAAP) which are followed by most other
businesses.
www.imms.com/insglos/Sgloss.htm

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