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Financial CFE Exam (page: 1)
Financial Certified Examiner (CFE)
Updated on: 31-Mar-2026

Viewing Page 1 of 85
CFE PDF 416 Questions

Probable future economic benefits obtained or controlled by a particular entity as a result of past transactions or events is called:

  1. Asset
  2. Determined asset
  3. Operating Performance
  4. Investment property

Answer(s): A



What are recognized and accepted by state insurance departments in evaluating the solvency of an insurer for statutory accounting purposes?

  1. Assets
  2. Determined assets
  3. Admitted assets
  4. Altered assets

Answer(s): C



What do not contribute to an insurer's solvency as measured by statutory accounting requirements?

  1. Non-determined assets
  2. Non-admitted assets
  3. Unacknowledged assets
  4. Disallow assets

Answer(s): B



___________ is defined as an existing condition, situation, or set of circumstances involving uncertainty as to possible loss to an enterprise that will ultimately be resolved when one or more future event(s) occur or fail to occur.

  1. Compensation
  2. Impairment
  3. Reimbursement
  4. Contingency

Answer(s): B



Any securities representing a creditor relationship, whereby there is a fixed schedule for one or more future payments are called:

  1. Admitted assets
  2. Policy imbursement
  3. Yield amount
  4. Bonds

Answer(s): D



Viewing Page 1 of 85



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