SOFE
SOFA-CFE · Question #289
SOFA-CFE Question #289: Real Exam Question with Answer & Explanation
The correct answer is B. preauthorized electronic debits. See the full explanation below for the reasoning.
Question
In personal lines business, premiums are increasingly collected through the means of:
Options
- Apreauthorized cash controls
- Bpreauthorized electronic debits
- Cpreauthorized electronic credits
- Dpart due receipts
Community Discussion
No community discussion yet for this question.