SOFE-CFE Dumps

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SOFE SOFE-CFE dumps - 100% Pass Guarantee!

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Vendor: SOFE

Certifications: SOFE Certification

Exam Name: SOFE Certified Financial Examiner

Exam Code: SOFE-CFE

Total Questions: 416 Q&As ( View Details)

Last Updated:

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SOFE-CFE Q&A's Detail

Exam Code: SOFE-CFE
Total Questions: 416
Single & Multiple Choice 416

SOFE-CFE Online Practice Questions and Answers

Questions 1

The penalty for reinsurance is carried as a liability in the balance sheet and is a hybrid of:

A. unauthorized reinsurance

B. overdue reinsurance

C. Both A and B

D. Neither A nor B

Show Answer
Questions 2

The major difference between fraud and billing schemes is that payroll and expense frauds involve disbursements to external parties rather than to employees.

A. True

B. False

Show Answer
Questions 3

The frequency of loss is the:

A. The number of claims divided by the number of exposures

B. The number of exposures minus the number of loss

C. The number of coverage extensions divided by the number of exposures

D. The number of claims multiplied by the number of retroactive data

Show Answer
Questions 4

_____________ 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.

A. Compensation

B. Impairment

C. Reimbursement

D. Contingency

Show Answer
Questions 5

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.

A. Uninsured Investment Plans

B. Uninsured Accident and Health Plans

C. Real state income Plans

D. Investment Write-off Plans

Show Answer More Questions

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