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Most Recent SOFE SOFA-CFE Exam Questions & Answers


Prepare for the SOFE Certified Financial iner 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 SOFA-CFE exam and achieve success.

The questions for SOFA-CFE were last updated on Nov 20, 2024.
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Question No. 1

Insurance companies sometimes issue instruments that have the characteristics of both debt and equity; these instruments are commonly referred to as:

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Correct Answer: D

Question No. 2

A combined ratio under 100 percent reflects an underwriting profit, with a combined ratio above 100 percent reflecting an underwriting loss.

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Correct Answer: A

Question No. 3

The modification of behavior through the perception of negative sanctions is called:

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Correct Answer: B

Question No. 4

The receivable turnover can be calculated by which of the following formula:

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Correct Answer: A

Question No. 5

Which of the following is NOT the loss category?

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Correct Answer: D

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