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AFE Exam Dumps : Accredited Financial Examiner

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Certification Exams with Helpful Questions And Answers

Accredited Financial Examiner Questions and Answers

Question 1

A lower net retention level typically would translate into a higher v\variability of reserves.

Options:

A.

True

B.

False

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Question 2

An entity’s practices concerning loss settlement, such as a practice of vigorously defending suits or of quickly settling suits, can have a significant effect on an entity’s loss experience.

Options:

A.

True

B.

False

Question 3

A change in _______ or its application is appropriate if the change results in a measurement that is equally or more representative of fair value in the circumstances.

Options:

A.

Valuation technique

B.

Value technique

C.

Investment approach

D.

Accounting corrections