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SOFE SOFA-CFE Exam - Topic 2 Question 1 Discussion

Actual exam question for SOFE's SOFA-CFE exam
Question #: 1
Topic #: 2
[All SOFA-CFE Questions]

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

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Suggested Answer: C

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

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Latrice
4 months ago
Nope, it's all about those short-term maturities!
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Essie
4 months ago
I thought cash investments were the same thing?
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Miesha
4 months ago
Wait, are we sure about that? Sounds too simple.
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Kathrine
4 months ago
Agreed, it's C for sure.
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Staci
4 months ago
Definitely short-term investments!
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Leanna
5 months 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!
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Oretha
5 months ago
I’m a bit confused between short-term and cash investments. Aren't they similar in some ways?
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Kanisha
5 months ago
I remember practicing a question like this where the focus was on the maturity of the investments. I think C is correct.
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Kattie
5 months ago
I think the answer might be short-term investments, but I'm not completely sure.
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King
5 months 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.
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Chandra
5 months ago
Okay, let me think this through step-by-step. Class C, that's the one for electrical fires, right?
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Soledad
5 months 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...
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