SOFE Exam SOFA-CFE Topic 9 Question 97 Discussion

Actual exam question for SOFE's SOFA-CFE exam

Question #: 97
Topic #: 9

A powerful tool for controlling economic events, called _________________ encompasses the development of a long-range or strategic plan, the analysis of capital expenditures, the preparation of short-range plans or budgets, and reports to the Board of Directors and the organization.

AFinancial planning

BAccrual planning

CSurplus relief

DFinancial budgets

Show Suggested Answer

Suggested Answer: C

by Nieves at Sep 17, 2024, 04:59 PM

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Mica

5 days ago

Financial planning seems to be the most comprehensive option here. It covers long-term strategy, capital expenditures, and reporting to the Board.

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Cristina

8 days ago

I agree with Louis, financial planning is crucial for controlling economic events.

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Louis

15 days ago

I think the answer is A) Financial planning.

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