Free SOFE SOFA-CFE Exam Actual Questions

The questions for SOFA-CFE were last updated On Dec 19, 2024

Question No. 1

A fraction analysis is a means of measuring the relationship between two different financial statement amounts.

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Correct Answer: B

Question No. 2

A nonlife insurance company's basic tax formula is roughly equivalent to the standard corporate tax formula, with which of the following insurance specific modifications:

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Correct Answer: D

Question No. 3

A mutual company may issue shares of guaranty capital that have a stated par value.

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Correct Answer: A

Question No. 4

What bears all of the insurance risk, and there is no possibility of loss or liability to the administrator caused by claims incurred related to the plan.

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Correct Answer: B

Question No. 5

Almost three quarters of the cases involving expense reimbursement fraud were perpetrated by someone at:

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Correct Answer: A