Multiple choice technology web technology

What is the Processing date of the Policy if we are creating Policy with the Effective Date of 08-20-10 ?

  1. 8/20/2010

  2. 8/21/2010

  3. Date on which the Policy is created

  4. 7 Days from the Effective Date

  5. None of the Above
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The Processing Date when creating a policy is simply the date on which the Policy is actually created in the system. This is independent of the Effective Date (08/20/2010 in this example) - the Processing Date could be before, on, or after the Effective Date depending on when the policy is entered into the system.

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