Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions

SOFE SOFA-CFE Exam - Topic 2 Question 1 Discussion

Posted by Lonna on May 05, 2022 at 03:54 AM

All investments with remaining maturities (or repurchase dates under repurchase agreements) of one year or less at the time of acquisition are called:

Suggested Answer: C

Get Premium SOFA-CFE Questions as Interactive Web-Based Practice Test or PDF Real Exam Format Detailed Explanations Instant Access Get Your Practice Test
12 comments · newest first
LA
Latrice 11 months ago
Nope, it's all about those short-term maturities!
ES
Essie 11 months ago
I thought cash investments were the same thing?
MI
Miesha 12 months ago
Wait, are we sure about that? Sounds too simple.
KA
Kathrine 12 months ago
Agreed, it's C for sure.
ST
Staci 12 months ago
Definitely short-term investments!
LE
Leanna 1 year ago
I feel like I’ve seen this concept before, and I’m leaning towards C, but I hope I’m not mixing it up with something else!
OR
Oretha 1 year ago
I’m a bit confused between short-term and cash investments. Aren't they similar in some ways?
KA
Kanisha 1 year ago
I remember practicing a question like this where the focus was on the maturity of the investments. I think C is correct.
KA
Kattie 1 year ago
I think the answer might be short-term investments, but I'm not completely sure.
KI
King 1 year ago
Okay, let me think this through step-by-step. The PCI DSS is all about securing payment card data, so the log retention requirement is likely to be on the longer side to ensure proper audit trails. I'll eliminate the 3-month and 6-month options and focus on the 1-year and 5-year choices.
CH
Chandra 1 year ago
Okay, let me think this through step-by-step. Class C, that's the one for electrical fires, right?
SO
Soledad 1 year ago
Hmm, I'm not totally sure about this one. I know we use WHERE to filter results, but I'm trying to remember if there are any other keywords that could also be used. Let me think this through...
0/2000 characters

Save Cancel