The Live Oak insurance-exception log starts with 14 open exceptions, adds 5, and resolves 6. How many exceptions remain open?
Correct Answer
C) 13 exceptions
Open exceptions equal beginning exceptions plus new exceptions less resolved exceptions.
Why This Is the Correct Answer
Open exceptions equal beginning exceptions plus new exceptions less resolved exceptions.
Why the Other Options Are Wrong
Option A: 19 exceptions
19 exceptions is above the supported result for insurance exception count; it likely adds an unsupported amount or compares the wrong financial base.
Option B: 8 exceptions
8 exceptions is below the supported result for insurance exception count; it likely uses the wrong base, period, or account bucket.
Option D: 11 exceptions
11 exceptions is below the supported result for insurance exception count; it likely uses the wrong base, period, or account bucket.
Memory Technique
Insurance Count drawer for Risk Administrator: label open before counting dollars.
Reference Hint
Open-book path: tab Contractor's Manual, 2025 to Business Administration, Insurance Exception Logs; use the stated business record or control rule to verify the answer.
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