SOFE Exam SOFA-CFE Topic 5 Question 102 Discussion

Actual exam question for SOFE's SOFA-CFE exam

Question #: 102
Topic #: 5

[All SOFA-CFE Questions]

Which of the following is NOT the loss category?

Apaid losses

Blosses reserved for future payment

Closses incurred

Dsubsidiary losses

Show Suggested Answer

Suggested Answer: A

by Stephane at Oct 20, 2024, 01:58 AM

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Brianne

3 months ago

Wait, is 'subsidiary losses' a new kind of loss that comes with a side of fries? Just kidding, but seriously, this question is making my head spin.

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Portia

1 months ago

C) losses incurred

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Angella

1 months ago

B) losses reserved for future payment

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Lili

2 months ago

C) losses incurred

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Felix

2 months ago

A) paid losses

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Rodrigo

2 months ago

B) losses reserved for future payment

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Phyliss

2 months ago

A) paid losses

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Paola

3 months ago

Aha! 'Subsidiary losses' doesn't sound like a real loss category to me. Time to put on my insurance expert hat and mark that as the correct answer.

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Gwen

3 months ago

I'm totally stumped here. Maybe 'subsidiary losses' is a made-up term to trip us up? Better double-check my notes before submitting this answer.

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Ricarda

2 months ago

I'm confident now, let's go with 'subsidiary losses' as the answer.

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Arlyne

2 months ago

Let's review our notes to be sure before we submit our answer.

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Alpha

2 months ago

I agree, it sounds like a trick answer.

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Devora

2 months ago

I think 'subsidiary losses' is not a real category.

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Vince

3 months ago

Hmm, 'losses reserved for future payment' sounds legit, but I'm going to go with 'subsidiary losses' on this one. Gotta love these insurance exam questions!

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Mari

2 months ago

Yeah, I agree. 'Losses reserved for future payment' seems like a valid category.

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Josephine

3 months ago

I think 'subsidiary losses' is the correct answer.

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Naomi

3 months ago

I'm not sure, but I think D) subsidiary losses makes sense because it doesn't fit the other categories.

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Caprice

3 months ago

I agree with Justine, because the question is asking for the NOT loss category.

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Sherita

3 months ago

Ah, this is a tricky one! I'm pretty sure 'subsidiary losses' are a type of loss, not a loss category. Time to brush up on my insurance lingo.

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Odette

1 months ago

Let's go with D) subsidiary losses as the answer.

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Timmy

2 months ago

I agree, 'subsidiary losses' seems out of place compared to the other options.

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Lawrence

2 months ago

Paid losses, losses reserved for future payment, and losses incurred are definitely loss categories.

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Lorrie

2 months ago

I think you're right, 'subsidiary losses' doesn't sound like a loss category.

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Justine

3 months ago

I think the answer is D) subsidiary losses.

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