SOFE
AFE · Question #2
It refers to items such as interest paid on proceeds from the date due to the data actually disbursed, and to interest on premium deposit funds. These interest items are reflected by the increase in…
The correct answer is D. B or C. See the full explanation below for the reasoning.
Question
It refers to items such as interest paid on proceeds from the date due to the data actually disbursed, and to interest on premium deposit funds. These interest items are reflected by the increase in reserves or liability, from one year to the next. What is it?
Options
- AInterest contract funds
- BInterest on policy
- CContract funds
- DB or C
How the community answered
(53 responses)- A11% (6)
- B2% (1)
- C6% (3)
- D81% (43)
Community Discussion
No community discussion yet for this question.