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

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

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

Suggested Answer: A

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30 comments · newest first
SH
Shayne 10 months ago
C is more about checking, not granting discounts.
LU
Luke 10 months ago
False discounts? That's a thing?
DO
Dong 11 months ago
Wait, are we sure about that? Sounds off.
KE
Kenneth 11 months ago
Totally agree, B seems right!
JE
Jenifer 11 months ago
I think it's B, recording a discount on sale procedure.
CO
Corazon 11 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.
LO
Loreen 12 months ago
I’m a bit confused about the terms here. Are false discounts really a thing, or is that just a trick option?
CH
Cheryll 12 months ago
I think it might be related to option B, since recording discounts seems like a procedure they would follow.
YO
Youlanda 12 months ago
I remember discussing how discounts can be misused, but I’m not sure which option directly relates to authority.
JU
Juliana 1 year 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.
TU
Tuyet 1 year 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.
RO
Ronny 1 year 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.
TE
Tennie 1 year ago
This question seems straightforward. I think the answer is A - False discounts, where employees could intentionally give out discounts to skim revenue.
RE
Rebecka 1 year 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!
KA
Karina 1 year ago
↳ replying to Rebecka
Interesting point! But none of the options seem right.
GE
German 1 year ago
↳ replying to Rebecka
Right? It's hard to believe they'd have authority like that!
HO
Howard 1 year ago
↳ replying to Rebecka
Yeah, they can be pretty crafty!
FR
Frederica 1 year ago
↳ replying to Rebecka
True, but I think they might be limited in what they can do.
GW
Gwenn 1 year 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?
HE
Henriette 1 year ago
↳ replying to Gwenn
C) Internal discount sales audits
LA
Lavelle 1 year ago
↳ replying to Gwenn
A) False discounts
QU
Quentin 1 year ago
Personally, I'd go with 'Recording a discount on sale procedure'. Seems like the most straightforward way to skim some revenue.
WE
Wendell 1 year ago
I think D) None of the above makes sense, because skimming revenues is unethical.
PE
Peggie 1 year ago
I'm going with 'Internal discount sales audits' - sounds like the best way to catch any shady business going on.
DE
Deangelo 1 year 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!
YE
Yesenia 1 year ago
↳ replying to Deangelo
I agree, it's important to have internal discount sales audits to catch any discrepancies.
AV
Avery 1 year ago
↳ replying to Deangelo
I think it's actually 'Recording a discount on sale procedure'. That's where they could manipulate the numbers.
ES
Estrella 1 year ago
I'm not sure, but I think it could be B) Recording a discount on sale procedure.
GR
Gregoria 1 year ago
I disagree, I believe it's C) Internal discount sales audits.
RE
Renea 1 year ago
I think the answer is A) False discounts.
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