Pennsylvania Life and Health Insurance Exam Practice Question
Which submission-decision flag is selected?
Correct Answer: C
Rationale: The "Declined" flag indicates that a submission has not been accepted, making it the appropriate choice for indicating rejection.
Option A, "DA," typically signifies a different status and does not represent a rejection. Option B, "OB," often refers to an out-of-bounds status, which is unrelated to submission decisions. Option D, "Preferred," suggests that the submission is favored or accepted, contradicting the concept of declining a submission. Thus, "Declined" accurately captures the essence of a rejection status, while the other options represent different meanings.
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