SOFE SOFA-CFE Exam - Topic 5 Question 108 Discussion

Actual exam question for SOFE's SOFA-CFE exam

Question #: 108
Topic #: 5

___________is a devise whereby a stockholder authorizes another person or group of persons to act for him at a meeting of stockholders.

APreliminary statement

BTriggering event

CChange of servicer

DProxy

Show Suggested Answer

Suggested Answer: A

by Katheryn at Mar 07, 2025, 11:31 AM

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Leonora

5 months ago

Yeah, proxies are super common in shareholder meetings.

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German

5 months ago

Totally agree, it's all about proxies in meetings.

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Margart

5 months ago

It's definitely a proxy!

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Martin

6 months ago

I thought it was something more complicated.

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Ahmed

6 months ago

Wait, is it really that simple?

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Viola

6 months ago

I think "Proxy" is the right term. We had a similar question in our last mock exam that dealt with stockholder authorizations.

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Micaela

6 months ago

I'm torn between "Proxy" and "Preliminary statement." I feel like both could fit, but I think "Proxy" is more common.

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Lachelle

7 months ago

I remember practicing a question about stockholder meetings, and "Proxy" was definitely mentioned there.

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Kara

7 months ago

I think the answer might be "Proxy," but I'm not completely sure. We covered that in class, right?

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Freeman

7 months ago

This is a good test of our understanding of corporate governance. I'm pretty confident the answer is D. Proxy, but I'll double-check my work before submitting.

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Andra

7 months ago

I'm a little confused by the wording of the question. Let me re-read it a few times to make sure I'm not missing anything. Proxies seem relevant, but I want to be sure before selecting that option.

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Filiberto

7 months ago

Okay, I've got this. A proxy is when a shareholder authorizes someone else to vote on their behalf at a shareholder meeting. That's got to be the right answer here.

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Xenia

8 months ago

Hmm, I'm not totally sure what a "proxy" is in this context. I'll need to think through the definition and how it relates to the other options.

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Chau

8 months ago

This looks like a straightforward question about corporate governance. I'll start by carefully reading the question and options to make sure I understand the key terms and concepts.

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Emerson

1 year ago

Proxy, of course! It's the only option that makes sense. Although, I have to say, the other choices sound more like they belong in a horror movie script.

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Taryn

11 months ago

Proxy is the clear answer, no doubt about it.

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Burma

12 months ago

Yeah, the other options do sound a bit ominous.

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Chan

12 months ago

Proxy is the obvious choice here. The other options do sound a bit strange.

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Francis

12 months ago

I agree, proxy is definitely the right choice here.

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Eleonora

1 year ago

Yeah, proxy is definitely the right answer. The other options are a bit confusing.

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Helga

1 year ago

I agree, proxy is the correct choice. The other options do sound a bit ominous.

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Jamika

1 year ago

Hmm, this is a tricky one. I was leaning towards B) Triggering event, but now I'm not so sure. D) Proxy does seem like the most appropriate answer.

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Alishia

1 year ago

Yes, I agree. D) Proxy is the right choice.

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Georgene

1 year ago

I think D) Proxy is the correct answer.

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Sommer

1 year ago

Definitely D) Proxy. I remember learning about that in my finance class. It's a common way for shareholders to participate in meetings without being there in person.

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