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SOFE SOFA-CFE Exam Questions

Exam Name: Certified Financial Examiner
Exam Code: SOFA-CFE
Related Certification(s): SOFE Certified Financial Examiner Certification
Certification Provider: SOFE
Actual Exam Duration: 90 Minutes
Number of SOFA-CFE practice questions in our database: 415 (updated: Jun. 18, 2025)
Expected SOFA-CFE Exam Topics, as suggested by SOFE :
  • Topic 1: The Legal Basis of Insurance Contracts/ Types of Reinsurance Treaties
  • Topic 2: Types of Reinsurance and Reinsurance Program Design/ Insurance Regulation
  • Topic 3: The Claim Function, Loss Reserving & Claims Adjusting/ Reinsurance Treaties
  • Topic 4: Insurance Risk Mechanisms and Risk Management/ The Reinsurance Placement Process
  • Topic 5: The Functions of Insurance, Ratemaking/ Commercial Liability Insurance Coverage
  • Topic 6: General Liability Insurance for Individuals/ The Private Insurance Industry
  • Topic 7: Insurer Strategic Management/ Automobile Insurance Coverage
  • Topic 8: Commercial Property Insurance/ Introduction to Reinsurance
  • Topic 9: The Underwriting Function/ The Marketing Function/ The Reinsurance Function
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Graciela

3 days ago
Just conquered the SOFE CFE exam! Pass4Success's practice questions were a perfect match. Grateful for the speedy and accurate prep!
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Kanisha

3 months ago
Certified Financial Examiner now! Pass4Success helped me prepare efficiently in a short time. Highly recommend!
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Onita

4 months ago
Passed the SOFE CFE exam today! Pass4Success's questions were right on target. Thanks for helping me prepare in such a short time!
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Alonso

5 months ago
Wow, the SOFE CFE exam was tough, but I made it! Thanks to Pass4Success for the spot-on prep materials.
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Santos

5 months ago
Passing the SOFE Certified Financial Examiner exam was a significant milestone for me, and the Pass4Success practice questions were invaluable. There was a question on Service Desk Strategy that I found tricky. It asked about the alignment of service desk goals with business objectives, and I wasn't confident, but I made it through.
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Valentine

6 months ago
Just passed the SOFE CFE exam! Pass4Success was a lifesaver with their relevant practice questions. So grateful!
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Loreta

6 months ago
Thanks to Pass4Success, I passed the SOFE Certified Financial Examiner exam! One question that I found challenging was about the key elements of Team Management and Development. It asked about the stages of team development, and I was unsure of the exact order, but I passed nonetheless.
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Susana

6 months ago
SOFE CFE exam: done and dusted! Pass4Success, your practice tests were invaluable. Appreciate the quick and effective study materials!
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Sharen

7 months ago
I passed the SOFE Certified Financial Examiner exam, and the Pass4Success practice questions were a big help. There was a question on Continual Service Improvement that I found difficult. It asked about the Deming Cycle and its application, and I wasn't entirely sure, but I still succeeded.
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Kimberlie

7 months ago
The SOFE Certified Financial Examiner exam was tough, but with the help of Pass4Success, I passed! One question that puzzled me was related to Customer Service and Communication. It asked about the most effective communication channels for customer support, and I was unsure, but I managed to pass.
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Adela

7 months ago
Thrilled to have passed the SOFE CFE exam! Pass4Success's questions were incredibly similar to the real thing. Thank you for the fantastic preparation!
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Shawn

8 months ago
I am thrilled to have passed the SOFE Certified Financial Examiner exam, and I owe it to the Pass4Success practice questions. There was a question on the best practices for Service Desk Operations that I found particularly challenging. I wasn't sure about the optimal ticketing system to use, but I still passed.
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Josefa

8 months ago
Passed thanks to thorough preparation! The exam includes questions on emerging risks in finance. Stay updated on fintech, cryptocurrencies, and their regulatory implications.
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Tamra

8 months ago
Passing the SOFE Certified Financial Examiner exam was a great achievement for me, and the Pass4Success practice questions played a crucial role. One question that caught me off guard was about the essential components of a Service Desk Strategy. I wasn't confident about the strategic planning aspects, but I made it through.
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Hyman

9 months ago
Wow, the SOFE CFE exam was tough, but I made it! Pass4Success's materials were a lifesaver. Grateful for their efficient prep resources.
upvoted 0 times
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Sarah

9 months ago
Thanks so much for all the insights! This will really help my preparation.
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Aron

9 months ago
The SOFE Certified Financial Examiner exam was a challenging experience, but thanks to Pass4Success, I passed! There was a tricky question on how to effectively manage team dynamics in Team Management and Development. I was unsure about the best approach to handle conflicts within a team, but I still succeeded.
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Cordelia

9 months ago
Ethics questions often presented dilemmas requiring careful consideration. Study professional codes of conduct and ethical decision-making frameworks. Practice applying ethical principles to complex financial situations.
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Susana

9 months ago
I recently passed the SOFE Certified Financial Examiner exam, and I must say, the Pass4Success practice questions were incredibly helpful. One question that stumped me was about the key metrics used in Continual Service Improvement. I wasn't entirely sure about the specific KPIs to track, but I managed to pass the exam regardless.
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Ronald

10 months ago
Just passed the SOFE CFE exam! Pass4Success's practice questions were spot-on. Thanks for helping me prepare so quickly!
upvoted 0 times
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Orville

10 months ago
Passing the SOFE Certified Financial Examiner exam was a great achievement for me, and I attribute my success to the valuable practice questions provided by Pass4Success. The exam covered important topics like Types of Reinsurance and Reinsurance Program Design. One question that I recall was related to the different types of reinsurance treaties, specifically quota share and excess of loss. It required a good understanding of reinsurance concepts, but I was able to answer it correctly.
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Queenie

11 months ago
My exam experience was challenging but rewarding as I successfully passed the SOFE Certified Financial Examiner exam with the assistance of Pass4Success practice questions. The topics of Types of Reinsurance and Reinsurance Program Design were crucial for the exam. One question that I remember was about insurance regulation, particularly the role of state insurance departments in overseeing insurance companies. It was a tough one, but I took my time and selected the most logical answer.
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Ronnie

12 months ago
Just passed the SOFE CFE exam! Be prepared for questions on financial statement analysis, especially interpreting key ratios. Study how to assess a company's liquidity and solvency using financial statements. Thanks to Pass4Success for their spot-on practice questions that helped me prep quickly!
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Naomi

12 months ago
I just passed the SOFE Certified Financial Examiner exam and I couldn't have done it without the help of Pass4Success practice questions. The exam covered topics like Types of Reinsurance Treaties and Insurance Regulation. One question that stood out to me was related to the legal basis of insurance contracts, specifically regarding the principle of utmost good faith. It was a bit tricky, but I managed to answer it correctly.
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Free SOFE SOFA-CFE Exam Actual Questions

Note: Premium Questions for SOFA-CFE were last updated On Jun. 18, 2025 (see below)

Question #1

What include, but are not limited to the plan of organization and the procedures and records that are concerned with the decision processes leading to management's authorization of transactions?

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Correct Answer: A

Question #2

The frequency of loss is the:

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Correct Answer: A

Question #3

The claims that have occurred prior to the company's balance sheet date, were not reported, and therefore are not recorded by the company are known as:

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Correct Answer: A

Question #4

An agreement to receive payments as the buyer of an option, cap, or floor and to make payments as the seller of a different option, cap, or floor is called:

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Correct Answer: D

Question #5

___________is a devise whereby a stockholder authorizes another person or group of persons to act for him at a meeting of stockholders.

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Correct Answer: D

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