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ACFE CFE-Financial-Transactions-and-Fraud-Schemes Exam - Topic 1 Question 114 Discussion

Employees with the authority to grant discounts in order to skim revenues may use which authority?
A) False discounts
B) Recording a discount on sale procedure
C) Internal discount sales audits
D) None of the above

ACFE CFE-Financial-Transactions-and-Fraud-Schemes Exam - Topic 1 Question 114 Discussion

Actual exam question for ACFE's CFE-Financial-Transactions-and-Fraud-Schemes exam
Question #: 114
Topic #: 1
[All CFE-Financial-Transactions-and-Fraud-Schemes Questions]

Employees with the authority to grant discounts in order to skim revenues may use which authority?

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Suggested Answer: A

by Jani at Jul 11, 2025, 01:24 AM

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Shayne
7 months ago
C is more about checking, not granting discounts.
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Luke
7 months ago
False discounts? That's a thing?
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Dong
8 months ago
Wait, are we sure about that? Sounds off.
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Kenneth
8 months ago
Totally agree, B seems right!
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Jenifer
8 months ago
I think it's B, recording a discount on sale procedure.
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Corazon
8 months ago
I feel like internal audits could help prevent misuse, but I’m not sure if that’s the answer they’re looking for here.
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Loreen
8 months ago
I’m a bit confused about the terms here. Are false discounts really a thing, or is that just a trick option?
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Cheryll
9 months ago
I think it might be related to option B, since recording discounts seems like a procedure they would follow.
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Youlanda
9 months ago
I remember discussing how discounts can be misused, but I’m not sure which option directly relates to authority.
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Juliana
9 months ago
Ugh, I hate these types of questions. There's always some tricky wording that makes it hard to tell what they're really asking. I'll have to read this one a few times.
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Tuyet
9 months ago
I've seen questions like this before. I think the key is to focus on the authority that employees have to grant discounts, and how that could be misused. I'll review the options closely.
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Ronny
9 months ago
Hmm, I'm not sure about this one. I'll need to think it through carefully. The options don't seem completely clear to me.
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Tennie
10 months ago
This question seems straightforward. I think the answer is A - False discounts, where employees could intentionally give out discounts to skim revenue.
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Rebecka
10 months ago
Hmm, 'None of the above' - maybe the real answer is 'All of the above'? These sneaky employees really know how to work the system!
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Karina
10 months ago
Interesting point! But none of the options seem right.
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German
10 months ago
Right? It's hard to believe they'd have authority like that!
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Howard
10 months ago
Yeah, they can be pretty crafty!
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Frederica
10 months ago
True, but I think they might be limited in what they can do.
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Gwenn
11 months ago
Definitely 'False discounts'! It's like trying to pull a fast one on the company - some people just can't resist that temptation, can they?
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Henriette
10 months ago
C) Internal discount sales audits
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Lavelle
10 months ago
A) False discounts
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Quentin
11 months ago
Personally, I'd go with 'Recording a discount on sale procedure'. Seems like the most straightforward way to skim some revenue.
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Wendell
11 months ago
I think D) None of the above makes sense, because skimming revenues is unethical.
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Peggie
12 months ago
I'm going with 'Internal discount sales audits' - sounds like the best way to catch any shady business going on.
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Deangelo
12 months ago
Hmm, this seems like a tricky one. I'm guessing it's 'False discounts' - gotta watch out for those sneaky employees trying to pad their pockets!
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Yesenia
10 months ago
I agree, it's important to have internal discount sales audits to catch any discrepancies.
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Avery
10 months ago
I think it's actually 'Recording a discount on sale procedure'. That's where they could manipulate the numbers.
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Estrella
12 months ago
I'm not sure, but I think it could be B) Recording a discount on sale procedure.
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Gregoria
1 year ago
I disagree, I believe it's C) Internal discount sales audits.
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Renea
1 year ago
I think the answer is A) False discounts.
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