What is indicated by the abbreviation CDA?

The abbreviation CDA stands for Claims Disposition Agreement. This term is commonly used in the context of claims management, where it refers to an agreement that outlines how claims will be processed and settled between parties involved in a claim. Such agreements can detail the responsibilities of each party, timelines for resolution, and the types of documentation required to settle different claims. Understanding this concept is crucial for claims adjusters as it helps ensure that all parties are aligned on the disposition of a claim, reducing confusion and promoting efficient handling of claims.

While the other options may seem plausible, they do not accurately represent the standard industry terminology associated with the abbreviation CDA. It's important to focus on the specific context of claims adjustment to correctly identify terms like Claims Disposition Agreement that define the processes and agreements guiding claims resolution.