AFE Designation AFE Syllabus Exam Questions Answers

Accredited Financial Examiner Questions and Answers

Question 17

In a yield-maintenance agreement:

Options:

the securities repurchased may have a different stated interest rate from that of the securities sold and are generally priced to result in substantially the same yield.

the securities repurchased may have the same stated interest rate from that of the securities sold and are generally priced to result in substantially the same yield.

the securities repurchased may have a different stated interest rate from that of the securities sold and are generally priced to result in substantially the different yield.

the securities repurchased may have a same stated interest rate from that of the securities sold and are generally priced to result in substantially the different yield.

Question 18

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

Options:

Business

Temporal

Principal

Segregated

Question 19

The market in which the reporting entity would sell the asset or transfer the liability with the greatest volume and level of activity for the asset or liability is known as:

Options:

Transfer market

Transport market

Principal market

Turn-around market

Question 20

At the end of each reporting period, unearned premiums are calculated and the change in unearned premiums is recorded as a change or debit to premium income.

Options:

True

False

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AFE Designation AFE Syllabus Exam Questions Answers

Accredited Financial Examiner Questions and Answers

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Answer:

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CompTIA

Fortinet

Microsoft

Salesforce