Free CFE Exam Braindumps (page: 35)

Page 35 of 105

Dividends generally constitute gross income, and dividends received from domestic corporations are eligible for which dividends?

  1. dividends allocated deduction
  2. dividends received deduction
  3. Gross dividends
  4. Conventional dividends deduction

Answer(s): B



and is paid a fee or commission for
The attorney-in-fact manages the
management services rendered.

  1. reciprocal
  2. dividend
  3. interinsurer
  4. reinsurer

Answer(s): A



What is designed to report information about an insurance company's ability to meet its obligations to policyholders and claimants, and focuses on surplus adequacy?

  1. taxation accountability
  2. statutory accounting practices
  3. claims and securities privileges
  4. Provisionary earning insurance

Answer(s): B



What is designed to meet the varying needs of the different users of financial statements, which is based on accrual accounting?

  1. generally accepted accounting principles
  2. statutory accounting practices
  3. accountability resource practices
  4. accounting principles of performance

Answer(s): A



Page 35 of 105



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sena commented on May 31, 2019
I will see if this helps
TURKEY
upvote