MENU
The change in reserves equals the gross losses unpaid (liability) at the end of the period less net unpaid losses at the beginning of the period.
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
13 comments · newest first
CA
Casie
11 months ago
Yup, I’m with you on that one!
LA
Latanya
11 months ago
Gross losses unpaid minus net unpaid losses, simple math!
MA
Maia
12 months ago
Wait, are we sure about that? Sounds off.
CL
Claudia
12 months ago
Totally agree, it's all about the net losses.
AD
Adell
12 months ago
That's how reserves work, right?
RE
Rebbeca
1 year ago
I believe it's true based on the definitions we covered, but I need to double-check the formula we practiced.
CA
Catherin
1 year ago
I’m a bit confused about the wording here. Does "change in reserves" really equal that difference?
ST
Staci
1 year ago
I remember a practice question that was similar, and it emphasized the importance of understanding gross versus net losses.
AM
Amina
1 year ago
I think this statement is true, but I’m not completely sure about the specifics of how reserves are calculated.
JO
Joye
1 year ago
Okay, let's see. The device can't install the app, so it's likely not a version compatibility issue. Maybe it's a network or authentication problem?
FE
Felicitas
1 year ago
I think I know this one - the two nonquantitative job evaluation methods are ranking and classification, right?
TE
Terrilyn
1 year ago
The key here is that we need to open a port for intercontainer communication. EXPOSE 8080 is the command that does that in a Dockerfile. I'm confident that's the correct answer.
VE
Vernice
1 year ago
Hmm, this seems straightforward. I'll just need to select the entire SmartArt graphic and then apply the Soft Round bevel shape effect from the Overview section.