SOFE AFE Exam - Topic 3 Question 8 Discussion

Actual exam question for SOFE's AFE exam

Question #: 8
Topic #: 3

[All AFE Questions]

The evaluation and subsequent purchase or sale of investments is based on the judgment of the entity's investment and finance committees.

ATrue

BFalse

Show Suggested Answer

Suggested Answer: A

by Candida at May 09, 2022, 05:42 PM

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Toi

4 months ago

Wait, are we sure that's always the case?

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Carline

4 months ago

Really? Sounds a bit too centralized for my taste.

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Clay

4 months ago

I thought it was more about individual managers?

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Hayley

4 months ago

Totally agree, committees play a big role.

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Na

4 months ago

True, that's how most firms operate.

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Chantell

5 months ago

I recall a case study that mentioned committees, but I wonder if there are exceptions where it could be false.

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Mitzie

5 months ago

I feel like this aligns with what we studied about governance in investment firms, so I would lean towards true.

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Shelba

5 months ago

I'm not so sure, I remember a practice question where individual managers made decisions without committee input.

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Alfreda

5 months ago

I think it's true because investment decisions usually involve committees to ensure diverse perspectives.

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Joseph

5 months ago

Hmm, I'm a bit unsure about this one. I'll need to think through the differences between the options to determine which ones are appropriate for quantitative results.

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Tamera

5 months ago

I'm leaning towards option B - the device is locked with a passcode. That would make sense as to why it's not installing the app right now.

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Gracia

5 months ago

Okay, I've got this. The component that needs to be configured is the preauthentication ACL. This will block all access until the user is validated by the Cisco ISE server. Easy peasy!

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