SOFE Exam SOFA-CFE Topic 5 Question 102 Discussion

Actual exam question for SOFE's SOFA-CFE exam

Question #: 102
Topic #: 5

[All SOFA-CFE Questions]

Which of the following is NOT the loss category?

Apaid losses

Blosses reserved for future payment

Closses incurred

Dsubsidiary losses

Show Suggested Answer

Suggested Answer: A

by Stephane at Oct 20, 2024, 01:58 AM

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Gwen

3 days ago

I'm totally stumped here. Maybe 'subsidiary losses' is a made-up term to trip us up? Better double-check my notes before submitting this answer.

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Vince

13 days ago

Hmm, 'losses reserved for future payment' sounds legit, but I'm going to go with 'subsidiary losses' on this one. Gotta love these insurance exam questions!

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Naomi

14 days ago

I'm not sure, but I think D) subsidiary losses makes sense because it doesn't fit the other categories.

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Caprice

15 days ago

I agree with Justine, because the question is asking for the NOT loss category.

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Sherita

15 days ago

Ah, this is a tricky one! I'm pretty sure 'subsidiary losses' are a type of loss, not a loss category. Time to brush up on my insurance lingo.

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Justine

17 days ago

I think the answer is D) subsidiary losses.

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