Enrolled Actuary Exam Prep

10 Questions

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Enrolled Actuary Exam Prep

Enrolled Actuary Exam is an exam organized by the Enrolled Actuaries which are divided into segments according to applicants choice. The exam focus on mathematics topics like compound interest, demographic analysis and so on. Candidates should be aware that an examination may assume familiarity with material that is covered in any requirement.


Questions and Answers
  • 1. 
    How many exams are required to be written to be an actuary?
    • A. 

      8

    • B. 

      6

    • C. 

      5

    • D. 

      10

  • 2. 
    What is the maximum time required for attaining an associate actuarial certification?
    • A. 

      Four years

    • B. 

      Five years

    • C. 

      Six years

    • D. 

      Seven years

  • 3. 
    What is the passing rate of Exam P? 
    • A. 

      70%

    • B. 

      60%

    • C. 

      50%

    • D. 

      40%

  • 4. 
    What is the first actuarial exam called?
    • A. 

      Exam G

    • B. 

      Exam P

    • C. 

      Exam B

    • D. 

      Exam C

  • 5. 
    How many questions are on the P exam?
    • A. 

      10

    • B. 

      20

    • C. 

      30

    • D. 

      40

  • 6. 
    Which examination is divided into two segments?
    • A. 

      EA-4

    • B. 

      EA-3

    • C. 

      EA-2

    • D. 

      EA-1

  • 7. 
    Which of these is not covered by Segment F? 
    • A. 

      Actuarial cost method

    • B. 

      Actuarial assumption

    • C. 

      Tax

    • D. 

      Economy

  • 8. 
    Which of these firms can actuary worked in? 
    • A. 

      Prisons

    • B. 

      Government organization

    • C. 

      Accounting

    • D. 

      Human resources consulting

  • 9. 
    Which department is Enrolled Actuary based in?
    • A. 

      Department of Aviation

    • B. 

      Department of Police

    • C. 

      Department of Treasury

    • D. 

      Department of Education

  • 10. 
    What is the number of actuaries as of 2016?
    • A. 

      4100

    • B. 

      4200

    • C. 

      4500

    • D. 

      4600