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SOFA-CFE Practice Questions

Certified Financial Examiner Exam Practice Test


Total 83 Pages
Total 415 Questions

SOFA-CFE Practice Questions

Question# 1

What are recognized and accepted by state insurance departments in evaluating the solvency of an insurer for statutory accounting purposes?
Choose the Choices:


Question# 2

What do not contribute to an insurer’s solvency as measured by statutory accounting requirements?
Choose the Choices:


Question# 3

_____________ is defined as an existing condition, situation, or set of circumstances involving uncertainty as to possible loss to an enterprise that will ultimately be resolved when one or more future event(s) occur or fail to occur.
Choose the Choices:


Question# 4

Any securities representing a creditor relationship, whereby there is a fixed schedule for one or more future payments are called:
Choose the Choices:


Question# 5

The amount the owner expects to receive when the bond matures is known as:
Choose the Choices:


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