Life insurance companies frequently make mortgage loans to affiliated companies (such as subsidiaries or companies...

Vendor: SOFE
Product: AFE
Update on: Jan 2, 2026
Questions: 286

SOFE AFE Question Answer

Life insurance companies frequently make mortgage loans to affiliated companies (such as subsidiaries or companies owned by a common parent company) and to joint ventures in which the life insurance company is a joint venturer. The company must carefully examine:

An affiliated company or joint venture and the transactions related to it

The propriety of the accounting treatment for each loan to an affiliated company or joint venture and the transactions related to it

The propriety of the accounting treatment for each loan

None of these