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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?

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Suggested Answer: D

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

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Thomasena
3 months 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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Tess
25 days ago
Definitely, having that information readily available is crucial for making informed decisions.
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Lottie
26 days ago
That makes sense. It's important for them to assess performance and allocate resources efficiently.
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Ronnie
27 days ago
Yeah, I agree. The chief operating decision maker would definitely need separate financial information on operating segments.
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Skye
29 days ago
I think it's D) Operating segments.
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Elfrieda
1 months ago
D) Operating segments
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Margret
1 months ago
C) Control segments
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Launa
2 months ago
B) Performance segments
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Devora
2 months ago
A) Service acts
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Lasandra
3 months ago
Service acts? I think that's what my plumber does, not what's in my company's financials.
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Anna
3 months ago
Control segments? Is this a question about corporate espionage or something?
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Vincenza
3 months ago
I'm not sure about this one. Can someone explain why operating segments are the correct answer?
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Rozella
3 months ago
Performance segments? That sounds more like something you'd find at the gym, not in a financial report.
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Jade
2 months ago
It's all about making informed decisions based on financial information.
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Ashton
2 months ago
Exactly, performance segments help in assessing how resources are allocated and how well the enterprise is performing.
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Benedict
2 months ago
Yeah, it's not about working out at the gym. It's about analyzing financial data to make decisions.
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Daren
2 months ago
Operating segments are the components of an enterprise that have separate financial information available for evaluation by the chief operating decision maker.
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Tamra
2 months ago
D) Operating segments
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Eva
2 months ago
Yes, operating segments are the components of an enterprise that have separate financial information available for evaluation.
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Dallas
2 months ago
C) Control segments
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Avery
2 months ago
B) Performance segments
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Lindsey
3 months ago
I think performance segments refer to different parts of a company's operations that are evaluated for performance.
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Pearline
3 months ago
A) Service acts
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Alpha
3 months ago
D) Operating segments - that's what I learned in my accounting classes. Gotta love those IFRS standards!
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Mozell
3 months 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
3 months ago
I think the answer is D) Operating segments.
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