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SOFE Exam AFE Topic 3 Question 93 Discussion

Actual exam question for SOFE's AFE exam
Question #: 93
Topic #: 3
[All AFE Questions]

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

Show Suggested Answer Hide Answer
Suggested Answer: C

Contribute your Thoughts:

Bulah
1 months ago
Haha, I bet the person who wrote this question has a thing for investment terminology. Anyway, I think C is the way to go.
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Sabrina
11 days ago
I agree, C) Transaction cycle seems like the right answer.
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Nakita
1 months ago
I'll go with C) Transaction cycle. Sounds like it's the most comprehensive option here.
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Tayna
29 days ago
User 2: Yeah, it covers all aspects of investment income and recordkeeping.
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Mammie
1 months ago
User 1: I think C) Transaction cycle is the best choice.
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Corinne
2 months ago
Transaction cycle has my vote. It just seems to encompass everything the question is asking about.
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Dianne
2 months ago
Hmm, I'm not too sure about this one. The investment evaluation sounds like it could be the answer, but I'm open to other opinions.
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Paola
30 days ago
I'm leaning towards verification note.
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Jess
1 months ago
B) Verification note
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Antonio
1 months ago
C) Transaction cycle could play a role in managing investment custody.
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Rocco
1 months ago
I think it might be valuation data.
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Jina
1 months ago
A) Valuation data
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Kayleigh
2 months ago
B) Verification note might help ensure accuracy in recordkeeping.
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Corinne
2 months ago
A) Valuation data could also be important for tracking investment income and gains.
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Kenneth
2 months ago
I'm not sure, but I think it might be C) Transaction cycle, as it involves custody and recordkeeping.
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Omer
2 months ago
I agree with Audrie, because valuation data is crucial for investment income.
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Avery
2 months ago
I think the correct answer is C) Transaction cycle. It seems to cover the key aspects mentioned in the question.
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Anjelica
1 months ago
Verification note is necessary for ensuring accuracy in transactions.
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Yuette
1 months ago
Valuation data is also important for investment evaluation.
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Ressie
1 months ago
I agree, it involves the custody of investments and recordkeeping.
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Fernanda
2 months ago
I think the correct answer is C) Transaction cycle.
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Audrie
2 months ago
I think the answer is A) Valuation data.
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