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SOFA-CFE · Question #364
SOFA-CFE Question #364: Real Exam Question with Answer & Explanation
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Question
A reduction in reserves is referred to as__________________, while an increase in reserves is referred to as________________.
Options
- Afavorable development, adverse development
- Bunfavorable development, profitable development
- Crisky development, beneficiary development
- Dloss development, advance development
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