Which statement about DRS is not true?

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Multiple Choice

Which statement about DRS is not true?

Explanation:
The key idea is that DRS acts as a centralized repository and dispute-resolution tool for IAR data. It stores 39 months of IAR data and provides access to ARC-accredited agencies and participating carriers, which helps parties review historical information and work through discrepancies. Because of that role, it supports but does not replace the actual IAR filing and reporting process. Replacing IAR reporting entirely would mean there’s no longer a need to file IAR data, which isn’t true—the reporting obligation remains even as DRS aids retrieval and resolution.

The key idea is that DRS acts as a centralized repository and dispute-resolution tool for IAR data. It stores 39 months of IAR data and provides access to ARC-accredited agencies and participating carriers, which helps parties review historical information and work through discrepancies. Because of that role, it supports but does not replace the actual IAR filing and reporting process. Replacing IAR reporting entirely would mean there’s no longer a need to file IAR data, which isn’t true—the reporting obligation remains even as DRS aids retrieval and resolution.

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