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SOFE Exam AFE Topic 1 Question 91 Discussion

Actual exam question for SOFE's AFE exam
Question #: 91
Topic #: 1
[All AFE Questions]

A stock life insurance company writing both participating and nonparticipating business must follow special accounting procedures under the laws of certain jurisdictions. The purpose of these special accounting procedures is to provide for:

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Suggested Answer: D

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Yoko
8 days ago
I think the special accounting procedures are necessary for separating profits.
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