Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions

SOFE SOFA-CFE Exam - Topic 7 Question 86 Discussion

Posted by Chuck on May 02, 2024 at 08:57 AM

What is the summation of many claims triggered from a common event may have one general claim file and subsidiary files to contain the facts surrounding the individual claims?

Suggested Answer: B

Get Premium SOFA-CFE Questions as Interactive Web-Based Practice Test or PDF Real Exam Format Detailed Explanations Instant Access Get Your Practice Test
47 comments · newest first
AD
Adell 10 months ago
I thought it was called a partner's claim?
AL
Alva 11 months ago
Definitely aggregate claim, that's how it works!
KR
Krystina 11 months ago
Wait, are we sure it's not an adjuster's claim?
DA
Daniel 11 months ago
Totally agree, that's the right term!
CA
Catarina 11 months ago
Sounds like an aggregate claim to me.
ST
Stacey 12 months ago
I’m leaning towards "adjuster's claim," but I might be mixing it up with another concept. I need to double-check my notes.
BL
Blondell 12 months ago
This question seems similar to one we practiced on common events and claims. I feel like "coverage trigger" might be a distraction here.
OD
Odette 12 months ago
I remember something about claims being grouped together, but I can't recall if it was called an aggregate claim or something else.
JO
Joaquin 1 year ago
I think the term we're looking for is "aggregate claim," but I'm not entirely sure. It sounds familiar from our study materials.
HO
Howard 1 year ago
Okay, I've got this. The summation of multiple claims from a common event is called an "aggregate claim." That's got to be the right answer here. I feel confident about this one.
AN
Anthony 1 year ago
Hmm, this is a tricky one. I'm not totally sure what they're getting at with the "general claim file and subsidiary files" part. I'll have to think it through step-by-step to figure out the right answer.
CA
Cary 1 year ago
This question seems a bit confusing, but I think the key is to focus on the concept of a "common event" triggering multiple claims. I'll need to carefully read through the options to determine which one best describes that scenario.
ST
Stephania 1 year ago
I'm a little lost on this question. The wording is kind of convoluted. I'm not sure if I fully understand what they're asking. I'll have to make an educated guess and hope for the best.
MA
Macy 1 year ago
I'm a bit confused by this question. The options seem to cover different aspects of data work, and I'm not entirely sure which one is the most accurate for a data engineer's primary responsibility. I'll have to think about this carefully.
HE
Helene 1 year ago
Hmm, I'm not sure about this one. I know xargs can have trouble with spaces in filenames, but I can't remember the exact find option to use. Maybe it's --nospace or something like that?
JO
Joaquin 1 year ago
Hmm, this looks like a tricky one. I'll need to carefully review the options and think through the requirements for enabling access to the Open Commerce API resource.
JO
Josefa 1 year ago
The summation of many claims from a common event? That's gotta be 'aggregate claim'. Easy peasy!
MI
Minna 1 year ago
↳ replying to Josefa
I agree, 'aggregate claim' is the term used for the summation of many claims triggered from a common event.
TH
Theron 1 year ago
↳ replying to Josefa
Yeah, 'aggregate claim' is the correct term for that scenario.
JA
Jamey 1 year ago
↳ replying to Josefa
I think it's 'aggregate claim' too. Makes sense to have one general claim file for all related claims.
SA
Sanda 1 year ago
I feel like 'partner's claim' is just way off base. This is clearly about the overall claims, not individual parties involved.
PE
Pearly 1 year ago
↳ replying to Sanda
D) coverage trigger
MA
Marva 1 year ago
↳ replying to Sanda
C) adjuster's claim
GI
Gilma 1 year ago
↳ replying to Sanda
A) aggregate claim
CA
Caitlin 1 year ago
Haha, the 'adjuster's claim' option is a bit of a joke, right? As if the adjuster is the one making the claim!
EL
Elvera 1 year ago
↳ replying to Caitlin
D) coverage trigger
NY
Nydia 1 year ago
↳ replying to Caitlin
Definitely not the adjuster making the claim!
TA
Tarra 1 year ago
↳ replying to Caitlin
A) aggregate claim
AI
Ailene 1 year ago
↳ replying to Caitlin
Haha, yeah, 'adjuster's claim' sounds funny!
LA
Lacey 1 year ago
↳ replying to Caitlin
D) coverage trigger
BE
Bea 1 year ago
↳ replying to Caitlin
C) adjuster's claim
JO
Jose 1 year ago
↳ replying to Caitlin
B) partner's claim
AR
Armando 1 year ago
↳ replying to Caitlin
A) aggregate claim
JA
Jamal 1 year ago
I'm not sure, but I think it could also be D) coverage trigger, as it relates to the event that triggers the claims.
TH
Thaddeus 1 year ago
I'm not too sure about this one. 'Coverage trigger' sounds like it could be related, but I'm not confident that's the best answer.
HA
Hana 1 year ago
↳ replying to Thaddeus
I agree, 'coverage trigger' makes the most sense.
KI
Kimbery 1 year ago
↳ replying to Thaddeus
I think 'coverage trigger' is the best answer.
IO
Iola 1 year ago
↳ replying to Thaddeus
D) coverage trigger
EL
Elenor 1 year ago
↳ replying to Thaddeus
C) adjuster's claim
DO
Dorsey 1 year ago
↳ replying to Thaddeus
B) partner's claim
NO
Nobuko 1 year ago
↳ replying to Thaddeus
A) aggregate claim
CA
Candra 1 year ago
I agree with Truman, because it makes sense to have one general claim file for multiple claims triggered by the same event.
KI
Kiley 1 year ago
I think the correct answer is 'aggregate claim'. That seems to describe the situation where many individual claims stem from a common event.
TR
Truman 1 year ago
I think the answer is A) aggregate claim.
LA
Lashaunda 2 years ago
I'm not sure, but I think it could also be D) coverage trigger, as it relates to the event that caused the claims.
LY
Lyndia 2 years ago
I agree with Justine, because it makes sense to have one general claim file for multiple claims triggered by the same event.
JU
Justine 2 years ago
I think the answer is A) aggregate claim.
0/2000 characters

Save Cancel