SOFE Exam AFE Topic 2 Question 90 Discussion

Actual exam question for SOFE's AFE exam

Question #: 90
Topic #: 2

[All AFE Questions]

Which are components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker in deciding how to allocate resources and in assessing performance?

AService acts

BPerformance segments

CControl segments

DOperating segments

Show Suggested Answer

Suggested Answer: D

by Wade at Oct 24, 2024, 04:11 AM

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Thomasena

3 days ago

Wait, are we sure this isn't a trick question about the secret cabal of accountants who rule the world?

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Lasandra

4 days ago

Service acts? I think that's what my plumber does, not what's in my company's financials.

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Anna

6 days ago

Control segments? Is this a question about corporate espionage or something?

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Vincenza

13 days ago

I'm not sure about this one. Can someone explain why operating segments are the correct answer?

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Rozella

15 days ago

Performance segments? That sounds more like something you'd find at the gym, not in a financial report.

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Pearline

3 days ago

A) Service acts

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Alpha

18 days ago

D) Operating segments - that's what I learned in my accounting classes. Gotta love those IFRS standards!

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Mozell

19 days ago

I agree with Arlene. Operating segments are the components that are evaluated regularly by the chief operating decision maker.

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Arlene

21 days ago

I think the answer is D) Operating segments.

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