SOFE SOFA CFE.pdf
Q: 1
The date an insurer or its agent is informed of a claim is known as:
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Q: 2
A unique form of compensation that is not based on hours worked or a set yearly salary, but rather
on an employee’s revenue output.
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Q: 3
The asset classification of funds held by or deposited with reinsured companies occurs when:
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Q: 4
At the completion of the audits of policies, when the actual amount of _________________ is
known, companies are required to adjust the estimate through the revenue accounts.
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Q: 5
Admissibility test must be applied to determine the amount of deferred tax asset (DTAs) that can be
admitted is called:
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Q: 6
To qualify as a life insurer for federal income tax purposes, what percent of the mean of the
company’s reserves must constitute life insurance reserves?
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Q: 7
Which of the following is Correct?
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Q: 8
The modification of behavior through the perception of negative sanctions is called:
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Q: 9
Almost three quarters of the cases involving expense reimbursement fraud were perpetrated by
someone at:
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Q: 10
In the financial community, unsecured promissory notes of corporations are known as:
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Question 1 of 10
