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Froogle 1.1.1.7
Froogled By:
Elias Makere, FSA, MAAA
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ASOP 4 | §2.9 | COST ALLOCATION PROCEDURE

ASOP 4 | Commentary Section 2.9 | COMMENT ON SECTION 2.9
Section 2.9, Cost Allocation Procedure
CommentResponse
One commentator suggested changing the second sentence in section 2.9 to state, “The procedure uses an actuarial cost method, and may use an asset valuation method and/or an amortization method.”The reviewers disagree and made no change as the use of “and/or” is inconsistent with ASOP style since the use of “or” incorporates “and.”
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