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SOFE Exam SOFA-CFE Topic 9 Question 60 Discussion

Actual exam question for SOFE's Certified Financial Examiner exam
Question #: 60
Topic #: 9
[All Certified Financial Examiner Questions]

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.

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Suggested Answer: B

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