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SOFE Exam SOFA-CFE Topic 3 Question 68 Discussion

Actual exam question for SOFE's SOFA-CFE exam
Question #: 68
Topic #: 3
[All SOFA-CFE Questions]

____________ has been unwilling to accept the Annual Statement method of accounting as inherently binding.

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Suggested Answer: B

by Nobuko at Apr 02, 2023, 04:06 AM

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Becky
2 months ago
Ah, the age-old battle between the Treasury and the Annual Statement method. I bet they're just throwing us a curveball with these answer choices.
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Dolores
2 months ago
I'm going with A) Provisionary. It just seems to fit the description better than the other options. Though I'm sure the real answer will be something completely unexpected.
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Katlyn
2 months ago
D) Illusionary? Really? I'm not even sure what that means in this context. This question is giving me a headache already.
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Daniel
2 months ago
Hmm, I think the answer is B) Treasury. They're notorious for being a bit stubborn when it comes to accounting practices.
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Margo
28 days ago
Yeah, they're definitely set in their ways.
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Lashaun
1 months ago
Yeah, they're definitely set in their ways when it comes to accounting.
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Melvin
1 months ago
I think it's because they prefer to stick to traditional methods.
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Gilberto
1 months ago
I agree, they always seem to resist change.
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Larae
2 months ago
I think it's because they prefer to stick to traditional methods.
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Glendora
2 months ago
I agree, they always seem to resist change.
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Kenny
3 months ago
But Illusionary also fits the context of the question, don't you think?
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Gianna
3 months ago
I disagree, I believe it's A) Provisionary because it makes more sense.
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Kenny
4 months ago
I think the answer is D) Illusionary.
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