SOFE SOFA-CFE Exam - Topic 1 Question 125 Discussion

Actual exam question for SOFE's SOFA-CFE exam

Question #: 125
Topic #: 1

[All SOFA-CFE Questions]

Which of the following is the loss characteristic?

Aknown vs. unknown

Breported vs. unreported

Cshort-tail vs. long-tail

DAll of the above

Show Suggested Answer

Suggested Answer: D

by Alease at May 03, 2026, 06:58 AM

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Meghan

I feel like all of these options could relate to loss characteristics in some way, so D might be the answer.

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Omer

5 days ago

I remember discussing short-tail vs. long-tail losses in class, so C could be a strong contender.

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Lisbeth

10 days ago

I think the loss characteristic is related to how claims are reported, so maybe B? But I'm not entirely sure.

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Laurena

15 days ago

I vaguely recall a practice question that mentioned known vs. unknown losses. That makes me think A could be a contender, but I’m not confident.

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Shaniqua

2 months ago

I feel like all of these options could describe different aspects of loss characteristics. Could it really be D?

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Layla

2 months ago

I remember discussing short-tail vs. long-tail losses in class. That makes me lean towards C, but I could be mixing it up with another topic.

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Rosalia

2 months ago

I think the loss characteristic might relate to how claims are reported, so maybe B? But I'm not entirely sure.

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