New Year Sale 2026! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

SOFE SOFA-CFE Exam - Topic 5 Question 118 Discussion

Actual exam question for SOFE's SOFA-CFE exam
Question #: 118
Topic #: 5
[All SOFA-CFE Questions]

Which of the following is Correct?

Show Suggested Answer Hide Answer
Suggested Answer: B

by Thad at Nov 20, 2025, 09:56 AM

Limited Time Offer

25%

Off

Get Premium SOFA-CFE Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

0/2000 characters
Submit Cancel
Caprice
18 hours ago
I think B is right, but I'm not sure.
upvoted 0 times
...
Kimbery
6 days ago
A) is definitely the correct one.
upvoted 0 times
...
Annette
11 days ago
Option B, really? That's like saying the sky is green. Clearly, the correct answer is C.
upvoted 0 times
...
Bethanie
16 days ago
This question is making my head spin. I'm just going to guess and hope for the best.
upvoted 0 times
...
Rosann
21 days ago
Option A seems to be the most logical choice. Unearned premiums are calculated using the unearned premium reserve.
upvoted 0 times
...
Afton
27 days ago
D is definitely off; I remember that earned premiums should not include unearned reserves like that.
upvoted 0 times
...
Ettie
1 month ago
C doesn’t seem right to me; I don’t recall anything about an earned premium reserve being used in that way.
upvoted 0 times
...
Leota
1 month ago
I remember practicing a question similar to this, and I feel like B might be the correct answer, but I’m second-guessing myself.
upvoted 0 times
...
Niesha
1 month ago
I think A sounds familiar, but I’m not entirely sure if it’s the right way to calculate unearned premiums.
upvoted 0 times
...
Malinda
2 months ago
I'm feeling pretty confident about this one. The key is recognizing that earned premiums are based on the unearned premium reserve, not the earned premium reserve. Option B is the clear winner here.
upvoted 0 times
...
Elfrieda
2 months ago
This is a good test of my knowledge on insurance accounting principles. I'll make sure to show my work and explain my reasoning, even if I'm not 100% sure of the right answer.
upvoted 0 times
...
Irma
2 months ago
Okay, I think I've got this. Option B looks like the right answer - earned premiums are calculated by adding the written premiums and the beginning unearned premium reserve, then subtracting the ending unearned premium reserve.
upvoted 0 times
...
Felix
2 months ago
Option B is the correct answer. Earned premiums are calculated by taking the sum of the premiums written for the period plus the unearned premium reserve at the beginning of the period less the unearned premium reserve at the end of the period.
upvoted 0 times
...
Wynell
3 months ago
Hmm, this is a tricky one. I'm leaning towards option D, but I'm not 100% sure.
upvoted 0 times
...
Kristofer
3 months ago
I'm pretty sure option C is the right answer. Earned premiums are calculated using the earned premium reserve, not the unearned premium reserve.
upvoted 0 times
...
Teresita
3 months ago
Hmm, I'm a bit confused by the wording here. I'll need to re-read the options a few times to make sure I understand the differences between them.
upvoted 0 times
...
Elenore
3 months ago
This looks like a tricky insurance accounting question. I'll need to carefully review the definitions of unearned and earned premiums to determine the correct approach.
upvoted 0 times
Tom
2 months ago
I agree! Unearned vs. earned can be confusing.
upvoted 0 times
...
Billye
2 months ago
This is definitely tricky! I think I need to brush up on my definitions.
upvoted 0 times
...
...

Save Cancel