SOFE Exam SOFA-CFE Topic 8 Question 101 Discussion

Actual exam question for SOFE's SOFA-CFE exam

Question #: 101
Topic #: 8

Issuance of a duplicate or replacement check without voiding the original entry can result in paying a claim twice -- once to the claimant and again to:

Adeposited cash

Bservice charges

Cescheat fund

Daggregate write-ins

Show Suggested Answer

Suggested Answer: C

by Roslyn at Sep 18, 2024, 12:17 PM

Limited Time Offer

25%

Off

Get Premium SOFA-CFE Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Veronika

5 days ago

I'm going with C) escheat fund. Feels like the most logical option to me, but I'll double-check just to be sure.

upvoted 0 times

...

Keneth

12 days ago

Paying a claim twice? That's like getting a refund for the same item twice - it's a recipe for financial disaster!

upvoted 0 times

...

Johnetta

16 days ago

I'm not sure, but I think it could also be D) aggregate write-ins because it involves recording multiple items together.

upvoted 0 times

...

Ahmed

24 days ago

I agree with Rex, because escheat fund is where unclaimed property goes.

upvoted 0 times

...

Rex

25 days ago

I think the answer is C) escheat fund.

upvoted 0 times

...