What is included under the functional requirement 'Validation rules'?

Validation rules play a critical role in ensuring data integrity and adherence to business standards within the system. This encompasses various checks and balances that are established to confirm that the information entered into the system meets predefined criteria set by the business logic.

When referring to screen edits based on business rules, it entails that the system will automatically validate inputs against these rules. For example, if a user is required to input a business address, the validation rules will check for the correct format, mandatory fields, and other constraints before allowing the user to proceed. This ensures that all data entered is accurate, complete, and compliant with the operational policies of the organization.

In contrast, aspects like reports on historical claims, policies issued in the past, and pricing updates do not align with the focus of validation rules. These elements pertain to data reporting, historical analytics, and dynamic pricing strategies which, while important to the overall functionality of a policy management system, are not about the ongoing validation of data entry in real-time as dictated by business rules. Therefore, screen edits based on business rules accurately represent the functional requirement of validation rules.