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SOFA-CFE · Question #50

SOFA-CFE Question #50: Real Exam Question with Answer & Explanation

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Question

The claims that have occurred prior to the company's balance sheet date, were not reported, and therefore are not recorded by the company are known as:

Options

  • AUnknown losses
  • BUnclaimed losses
  • CUnrecorded losses
  • DLong-tail losses

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