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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
18 days 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
19 days 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
20 days 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
24 days 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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Larae
15 days ago
I think it's because they prefer to stick to traditional methods.
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Glendora
20 days ago
I agree, they always seem to resist change.
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Kenny
2 months ago
But Illusionary also fits the context of the question, don't you think?
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Gianna
2 months ago
I disagree, I believe it's A) Provisionary because it makes more sense.
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Kenny
2 months ago
I think the answer is D) Illusionary.
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