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SOFE Exam SOFA-CFE Topic 8 Question 101 Discussion

Actual exam question for SOFE's SOFA-CFE exam
Question #: 101
Topic #: 8
[All SOFA-CFE Questions]

Issuance of a duplicate or replacement check without voiding the original entry can result in paying a claim twice -- once to the claimant and again to:

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Suggested Answer: C

by Roslyn at Sep 18, 2024, 12:17 PM

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Janae
16 days ago
This question is like a magic trick - the answer is hidden in plain sight, but you have to really focus to see it.
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Burma
19 days ago
A) deposited cash? Seriously? That's just throwing good money after bad. I'm going with C, no doubt about it.
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Vivienne
1 months ago
D) aggregate write-ins? Sounds like an accounting term, but I'm not convinced that's the right answer here.
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Tomoko
16 days ago
D) aggregate write-ins? Sounds like an accounting term, but I'm not convinced that's the right answer here.
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Clay
20 days ago
C) escheat fund
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Myra
27 days ago
A) deposited cash
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Veronika
1 months ago
I'm going with C) escheat fund. Feels like the most logical option to me, but I'll double-check just to be sure.
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Isreal
3 days ago
Let's make sure to verify the correct answer before finalizing our choice.
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Hildegarde
8 days ago
I'm leaning towards C) escheat fund as well.
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Maia
21 days ago
I agree, it makes sense to double-check just to be sure.
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Luisa
29 days ago
I think C) escheat fund is the correct answer.
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Keneth
2 months ago
Paying a claim twice? That's like getting a refund for the same item twice - it's a recipe for financial disaster!
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Luz
20 days ago
C) escheat fund
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Leslie
21 days ago
A) deposited cash
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Johnetta
2 months ago
I'm not sure, but I think it could also be D) aggregate write-ins because it involves recording multiple items together.
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Ahmed
2 months ago
I agree with Rex, because escheat fund is where unclaimed property goes.
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Rex
2 months ago
I think the answer is C) escheat fund.
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