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AFE Exam Dumps - SOFE AFE Designation Questions and Answers

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Questions 4

Inflation in Defense & Cost Containment (DCC) is evaluated separately and is estimated to occur at the same rate as the rate of inflation in the losses.

Options:

A.

True

B.

False

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Questions 5

When premium income less return premiums arising from policies issued or other contracts entered into reinsure other insurance entities that provide the related primary coverage are called:

Options:

A.

Indirect premiums

B.

Direct premiums

C.

Assumed reinsurance premiums

D.

Real reinsurance premiums

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Questions 6

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

Options:

A.

External control

B.

Minority interests

C.

Permanent stockholder

D.

None of the above

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Questions 7

Fair quoted techniques used to measure fair value should maximize the use of observable inputs and minimize the use of unobservable inputs.

Options:

A.

True

B.

False

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Exam Code: AFE
Exam Name: Accredited Financial Examiner
Last Update: Apr 29, 2024
Questions: 286
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