Multiple choice technology mainframe

What are three basic levels in scorecard testing

  1. TAR rules verification

  2. Scorecard Attributes

  3. Tier Cutoffs

  4. All the above
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D Correct answer
Explanation

Scorecard testing in insurance rating systems involves three fundamental components: verifying TAR (Tier Altering Rules) rules, checking scorecard attributes that feed into the scoring model, and validating tier cutoffs that determine which tier a policy falls into. All three levels are essential for thorough scorecard testing.

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