Latest PDF of SOFE-AFE: Worldwide IT certification

Worldwide IT certification Practice Test

SOFE-AFE exam Format | Course Contents | Course Outline | exam Syllabus | exam Objectives

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SOFE-AFE PDF demo Questions

SOFE-AFE demo Questions

SOFE
SOFE-AFE
Worldwide IT certification
https://killexams.com/pass4sure/exam-detail/SOFE-AFE
Question: 69
There are many different sources of CMBS. Conduits and aggregate pools generally consist of loans newly originated, purchased or held by investment bankers until the pool is large enough for an efficient execution. Government agencies such as the Federal National Mortgage Association (FNMA) and the Federal Home Loan Mortgage Corp. (FHLMC) are important sources of:
financing. mmercial financing.
tgage loans
r: A
on: 70
epresent the ownership interests in the net assets of the subsidiary held by persons outside the controllin structure?
rnal control ority interests
manent stockholder of the above
r: B
on: 71
antial investment is defined as any investment comprising more than 15 percent of an enterprise�s votin ter than 35 percent of its equity.
Residential financing
B2B
Co
Mor
Answe
Questi
What r g
entities�
1. Exte
2. Min
3. Per
4. None
Answe
Questi
A subst g shares
or grea
1. True
2. False
Answer: B
Question: 72
What are designed primarily to accumulate a fund for eventual liquidation via annuitization, so the savings element is predominant?
1. Variable annuities
2. Deferred annuities
3. Immediate annuities
4. None of the above
Answer: B
Question: 73
The value of the capital stock shown in the stock life insurance company�s statutory basis balance sheet equals the par value per share multiplied by the number of issued shares.
In the case of no-par stock:
1. The stated value per share is used (or liquidation value, for no-par preferred capital stock)
2. The Total value of shares is used (or liquidation value, for par preferred capital stock)
ital stock may be sold to the public for an amount greater than par or stated value
r: A
on: 74
ng premiums less return premiums arising from reinsurance purchased from other insurance entities are called: ng premiums
ct premiums
umed reinsurance premiums ed reinsurance premiums
r: D
on: 75
olicy periods expire, the premiums written are earned and are recognized as: ilities
enses enues
of the above
r: C
The market value per share is used (or liquidation value, for no-par preferred capital stock)
3. Cap
Answe
Questi
Outgoi
1. Rati
2. Dire
3. Ass
4. Ced
Answe
Questi
When p
1. Liab
2. Exp
3. Rev
4. None
Answe
Question: 76
Which projection method uses paid losses plus reserves on outstanding claims?
1. Average losses
2. Loss ratio
3. Incurred loss
4. None of the above
Answer: C
Question: 77
The SEC rules clarify that management�s assessment and report is limited to internal control over financial reporting.
1. True
2. False
Answer: A
Question: 78
nd of the accumulation phase.
r: B
on: 79
isk consists of:
of material misstatement ction of risk
A & B
her A nor B
r: C
on: 80
red settlements are agreements characterized by the periodic payment of fixed amounts to a claimant in tion with the settlement of a legal claim. Such payments may last for the lifetime of the payee or they m articular period of time, depending upon the terms of the settlement.
ty responsible for making structured settlement payments may make payments: ctly
claimant
The magnitude of the variable annuity benefits provided by a deferred annuity depends on the size of the account value at the e
1. True
2. False
Answe
Questi
Audit r
1. Risk
2. dete
3. Both
4. Neit
Answe
Questi
Structu
connec ay be
for a p
The par
1. Dire
2. To a
3. Any one of these
4. None of these
Answer: C

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Worldwide IT certification Practice Test

SOFE-AFE exam Format | Course Contents | Course Outline | exam Syllabus | exam Objectives

100% Money Back Pass Guarantee

SOFE-AFE PDF demo Questions

SOFE-AFE demo Questions

Killexams VCE exam Simulator 3.0.9

SOFE-AFE practice test software with dump questions that works in actual test

Latest 2025 Updated SOFE-AFE Real exam Questions

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