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SOFE AFE Designation AFE New Questions

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Question 16

What is the second-order measure of the interest rate sensitivity of an instrument and the sensitivity of duration to changes in interest rates?

Options:

A.

Complexity

B.

Convexity

C.

Time compliance

D.

Performance measure

Question 17

Asset/Liability Management recognizes that the financial impact of an asset or liability is mainly realized through its:

Options:

A.

Revenues

B.

Cash flows

C.

Expenses

D.

Investments

Question 18

Identification and documentation of the controls and policies which address the risk management issues for each of the Standards is the necessary step for:

Options:

A.

Operational procedure

B.

Guideline procedure

C.

Organizational policy

D.

Self-assessment process

Question 19

The Appointed Actuary has a responsibility to express an opinion on the appropriateness of certain actuarially determined amounts in the financial statements.

Options:

A.

True

B.

False

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Exam Code: AFE
Exam Name: Accredited Financial Examiner
Last Update: Nov 21, 2024
Questions: 286
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