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AFE Exam Dumps : Accredited Financial Examiner

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Get Free AFE Questions and Answers
Question 1

Who is responsible for accounting for customer remittance advices and the agent’s current account?

Options:

A.

Accounts department

B.

Customer release policy

C.

Payment policy

D.

Premium collection department

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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

An attitude that includes a questioning mind and a critical assessment of audit evidence is called:

Options:

A.

Operational skepticism

B.

Audit skepticism

C.

Professional skepticism

D.

None of the above

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