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

Limited Time Offer

25%

Off

Get Premium AFE Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Thomasena

2 months ago

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

upvoted 0 times

Elfrieda

13 hours ago

D) Operating segments

upvoted 0 times

...

Margret

3 days ago

C) Control segments

upvoted 0 times

...

Launa

1 months ago

B) Performance segments

upvoted 0 times

...

Devora

1 months ago

A) Service acts

upvoted 0 times

...

Lasandra

2 months ago

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

upvoted 0 times

...

Anna

2 months ago

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

upvoted 0 times

...

Vincenza

2 months ago

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

upvoted 0 times

...

Rozella

2 months ago

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

upvoted 0 times

Jade

15 days ago

It's all about making informed decisions based on financial information.

upvoted 0 times

...

Ashton

23 days ago

Exactly, performance segments help in assessing how resources are allocated and how well the enterprise is performing.

upvoted 0 times

...

Benedict

24 days ago

Yeah, it's not about working out at the gym. It's about analyzing financial data to make decisions.

upvoted 0 times

...

Daren

27 days ago

Operating segments are the components of an enterprise that have separate financial information available for evaluation by the chief operating decision maker.

upvoted 0 times

...