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CAR Accounting

The Flat Cancellation Audit (CA5010) is a monitoring program where CAR requests documentation be uploaded to support TX4 and TX15 cancellation transactions. A company must provide valid documentation for at least 80% of the policies sampled per effective year and transaction type. For any year or transaction where less than 5 policies were sampled, the company must provide 100% valid documentation. Please contact Data Operations with any inquiries.

Flat Cancel Sample

Lists the three current effective years sampled along with the individual policies that require supporting documentation for valid flat cancellation.

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