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SOFE Exam SOFA-CFE Topic 9 Question 58 Discussion

Actual exam question for SOFE's Certified Financial Examiner exam
Question #: 58
Topic #: 9
[All Certified Financial Examiner Questions]

Income is usually measured by premium earned while outgo is the sum of losses and loss adjustment expenses incurred, commissions incurred, and an expense fee.

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Suggested Answer: A

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