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Most Recent SOFE AFE Exam Questions & Answers


Prepare for the SOFE Accredited Financial Examiner exam with our extensive collection of questions and answers. These practice Q&A are updated according to the latest syllabus, providing you with the tools needed to review and test your knowledge.

QA4Exam focus on the latest syllabus and exam objectives, our practice Q&A are designed to help you identify key topics and solidify your understanding. By focusing on the core curriculum, These Questions & Answers helps you cover all the essential topics, ensuring you're well-prepared for every section of the exam. Each question comes with a detailed explanation, offering valuable insights and helping you to learn from your mistakes. Whether you're looking to assess your progress or dive deeper into complex topics, our updated Q&A will provide the support you need to confidently approach the SOFE AFE exam and achieve success.

The questions for AFE were last updated on Jan 18, 2025.
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Question No. 1

The financial statements of which accounts maintained by insurance company that must be presented separately from the insurance company's general account business?

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Correct Answer: D

Question No. 2

What represent the ownership interests in the net assets of the subsidiary held by persons outside the controlling entities' structure?

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Correct Answer: B

Question No. 3

The methods used for the premium rates establishment are:

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Correct Answer: D

Question No. 4

Spreading of risks among insurance entities is called:

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Correct Answer: A

Question No. 5

With the advent of adjustable rate mortgages, amortization schedules are adjusted periodically as dictated by the terms of the loan agreement. A _____________file is used to indicate when to adjust the rate. Most computer software systems can adjust amortization schedules by reminding the company of change dates, accept current rate adjustments, and to produce new schedules.

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Correct Answer: B

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