SOFE Certified Financial Examiner SOFA-CFE Exam Practice Test

The origin period for a claim is the period when the claim department first learns of the claim.

Special general ledger controls over such billed amounts that are not yet due (until their effective dates) typically are used for administering the billing function; these special controls may be referred to as:

What includes a requirement that 20 percent of the change in net unearned premium reserves be included in payable income?

Stock of a company that has been issued, fully paid for and subsequently reacquired by the company is known as:

Premium income is deferred by 80 percent of the increase in the reserve for _________ premiums that applies to the unexpired period of an insurance contract

Under statutory accounting principles, __________________costs are non-admitted assets and are charged directly to earnings, as their respective expense components are incurred.

What is represented between a 20 percent and 50 percent interest generally are reported using the equity method of accounting?