SOFE Exam AFE Topic 2 Question 74 Discussion

Actual exam question for SOFE's AFE exam

Question #: 74
Topic #: 2

What encompasses investment income and gains and losses, as well as custody of investment and recordkeeping?

AValuation data

BVerification note

CTransaction cycle

DInvestment evaluation

Show Suggested Answer

Suggested Answer: C

by Maile at Apr 29, 2024, 05:28 AM

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7 months ago

True, I'll go with C) too. Hope it's right!

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7 months ago

I agree, D) seems off. Transaction cycle fits better for numerous investment processes.

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7 months ago

I thought D) Investment evaluation at first, but it doesn't fit the 'custody' part.

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7 months ago

Same here, transaction cycle sounds related to recordkeeping too.

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8 months ago

Yeah, I'm leaning towards C) Transaction cycle. It makes sense for gains and custody.

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8 months ago

This question seems tough, investment terms are tricky.

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