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AFE Designation AFE Exam Dumps

Page: 6 / 11
Total 286 questions

Accredited Financial Examiner Questions and Answers

Question 21

In what, securities involve in repos are not delivered on the settlement date of the agreement and the contract may be extended upon mutual agreement of the buyer-lender and seller-borrower.

Options:

A.

Financial servicing

B.

Price-cap

C.

Rollover

D.

Purchasing agreements

Question 22

An attitude that includes a questioning mind and a critical assessment of audit evidence is called:

Options:

A.

Operational skepticism

B.

Audit skepticism

C.

Professional skepticism

D.

None of the above

Question 23

What is made on an instrument-by-instrument basis, generally when an instrument is initially recognized in the financial statements?

Options:

A.

Election

B.

Disclosure

C.

Eligibility

D.

Discount

Question 24

What seeks to identify and exploit existing or potential synergies in a company’s diverse business activities?

Options:

A.

Appropriate business decisions

B.

Holistic techniques

C.

Collateral strategies

D.

Reimbursement activities

Page: 6 / 11
Total 286 questions