SOFE Accredited Financial Examiner Exam Practice Test

To avoid double counting or omitting the effects of risks factors what should reflect assumptions that are consistent with those inherent in the cash flows?

The evaluation and subsequent purchase or sale of investments is based on the judgment of the entity's investment and finance committees.

When securities repurchased under repos commonly have a principal amount that differs from principal amount of the security originally sold under the agreement, is known as:

In what, securities involve in repos are not delivered on the settlement date of the agreement and the contract may be extended upon mutual agreement of the buyer-lender and seller-borrower.

Dollar rolls differ from regular repurchase agreements due to which of the following characteristics in the securities sold and repurchased.

The difference between the purchase price and the repurchase price, or sale price, plus accrued interest on the security represents:

The maturity of which agreement is fixed by the contract and depends on the needs of the borrower and the willingness of the lender?