SOFE Accredited Financial Examiner AFE Question # 5 Topic 1 Discussion

SOFE Accredited Financial Examiner AFE Question # 5 Topic 1 Discussion

AFE Exam Topic 1 Question 5 Discussion:
Question #: 5
Topic #: 1

The contracts that are not subject to unilateral changes in its provision and requires the performance of various functions and services for an extended period is called:


A.

Short-duration


B.

Long-duration


C.

Medium-duration


D.

Fixed-duration


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