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AFE Exam Dumps : Accredited Financial Examiner

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Accredited Financial Examiner Questions and Answers

Question 1

A basic premise underlying the application of is that it is reasonable to assume that plausible relationships among data exist and continue in the absence of known conditions to the contrary.

Options:

A.

Independent estimates

B.

Statistical claims

C.

Analytical procedures

D.

None of the above

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Question 2

A mismatch in the timing of asset maturities relative to policy benefits requiring either reinvestment or disinvestment by the insurer at uncertain future interest rates is known as:

Options:

A.

Reliable Mismatch Risk

B.

Maturity Mismatch Risk

C.

Change Mismatch Risk

D.

Risk Variance

Question 3

Which of the following is NOT included when initial acquisition of Subsidiary, Controlled and Affiliated Entities (SCA) is recorded as the sum of?

Options:

A.

any cash payment

B.

the fair value of other assets distributed

C.

the fair value of any expenses

D.

any direct costs of the acquisition