Free SOFE SOFA-CFE Exam Actual Questions

The questions for SOFA-CFE were last updated On Dec 12, 2025

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Question No. 1

If a receivable is greater than ninety days due at the end of the reporting period, it is considered non-admitted even if it is collected prior to the issuance of the financial statements.

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Correct Answer: A

Question No. 2

Premiums for which contracts are to be reported as prepaid reinsurance premiums and expensed over the remaining period of the reinsurance contract or over the terms of the policies reinsured?

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Correct Answer: D

Question No. 3

The frequency of loss is the:

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Correct Answer: A

Question No. 4

Who do not issue capital stock, thus they have no stockholders?

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Correct Answer: A

Question No. 5

When the insurer or the intermediary may prepare a monthly recapitulation of premium and commission transactions between the parties, commonly called:

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Correct Answer: A