SOFE Exam AFE Topic 2 Question 50 Discussion

Actual exam question for SOFE's AFE exam

Question #: 50
Topic #: 2

[All AFE Questions]

Procedures for ensuring that the data used by the loss reserve specialist is completed and accurate due to:

AControls over the preparation of managerial data

BControls over the preparation of accounting estimates

CControls over the preparation of supporting data

DControls over the preparation of assumed alternatives

Show Suggested Answer

Suggested Answer: B

by Ammie at Dec 10, 2022, 05:31 AM

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4 days ago

I'm not sure, but I think D) Controls over the preparation of assumed alternatives could also be important.

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7 days ago

I agree with Jordan, because supporting data is crucial for accuracy.

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11 days ago

I think the answer is C) Controls over the preparation of supporting data.

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