Pennsylvania Life and Health Insurance Exam Practice Question
Which acceptance status is active?
Correct Answer: A
Rationale: Acceptance status refers to the current state of a decision regarding an offer or application.
Option A, Accept, signifies an active choice to move forward, indicating that the offer has been positively received.
Option B, Decline, represents a definitive rejection and is therefore inactive regarding acceptance.
Option C, Pending, indicates that a decision has not yet been made, leaving the status uncertain and inactive.
Option D, OB (often meaning "Other Business"), does not pertain to acceptance status and is not relevant in this context. Each of these alternatives lacks the active affirmation that "Accept" embodies.
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