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SOFE SOFA-CFE Exam - Topic 8 Question 36 Discussion

Posted by Jutta on May 05, 2022 at 12:05 PM

The tax components of continuing operations typically include which of the following:

Suggested Answer: D

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13 comments · newest first
HU
Hui 11 months ago
Changes in tax status can really impact the bottom line!
TU
Tuyet 11 months ago
Wait, are extraordinary items really included? That seems off.
MA
Maurine 12 months ago
Discontinued operations aren't part of continuing ops, so B is out.
MI
Micah 12 months ago
I think D is the right choice here!
GL
Glory 12 months ago
A is definitely a component of continuing operations.
DO
Dominga 1 year ago
I want to say all of the above could be correct, but I need to double-check how each component fits into continuing operations.
GI
Giuseppe 1 year ago
I feel like extraordinary items could be included, but I can't recall if they really belong to continuing operations.
AU
Augustine 1 year ago
I remember practicing a question similar to this, and I think discontinued operations are usually separate from continuing operations.
GW
Gwen 1 year ago
I think changes in tax status might be part of continuing operations, but I'm not sure about the others.
GR
Gregoria 1 year ago
Hmm, I'm a bit unsure about the difference between a "logon account" and a "reconcile account" in this context. I'll need to think through the requirements and the implications of each option.
TA
Taryn 1 year ago
Okay, I think I've got a strategy for this. I'll focus on understanding the differences between mark-up and margin, and how they can individually or together provide insights into the supplier's financial situation.
MA
Mabelle 1 year ago
Hmm, I'm a bit unsure about this one. The question mentions that there might be multiple correct solutions, so I'll need to double-check the documentation to make sure I'm not missing anything.
SH
Shawana 1 year ago
I'm leaning towards option C since it follows the existing debt-equity ratio, but I feel uncertain about how FG's WACC applies to new industries.
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