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SOFE AFE Exam With Confidence Using Practice Dumps

Exam Code:
AFE
Exam Name:
Accredited Financial Examiner
Certification:
Vendor:
Questions:
286
Last Updated:
Jan 30, 2025
Exam Status:
Stable
SOFE AFE

AFE: AFE Designation Exam 2024 Study Guide Pdf and Test Engine

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Accredited Financial Examiner Questions and Answers

Question 1

Sales of securities are recorded as of the trade date. A receivable due from the broker is established in instances when a security has been sold, but the proceeds from the sale have not been received. Receivable for securities not received within settlement date are non-admitted, and are classified as other than invested assets.

Options:

A.

15 days

B.

30 days

C.

35 days

D.

90 days

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Question 2

An increase in loss reserves may lead to offset by a reduction in premiums and a decrease in loss reserves may be a receivable for additional premiums.

Options:

A.

True

B.

False

Question 3

A mismatch in the timing of asset maturities relative to policy benefits requiring either reinvestment or disinvestment by the insurer at uncertain future interest rates is known as:

Options:

A.

Reliable Mismatch Risk

B.

Maturity Mismatch Risk

C.

Change Mismatch Risk

D.

Risk Variance