ACFE Exam CFE-Financial-Transactions-and-Fraud-Schemes Topic 1 Question 79 Discussion

Actual exam question for ACFE's CFE-Financial-Transactions-and-Fraud-Schemes exam

Question #: 79
Topic #: 1

[All CFE-Financial-Transactions-and-Fraud-Schemes Questions]

According to Marshall, ______ are probable future economic benefits obtained or controlled by a particular entity as a result of past transactions or events.

AAssets

BLiabilities

CCredentials

DNone of above

Show Suggested Answer

Suggested Answer: D

by Bernardo at Dec 22, 2023, 04:07 AM

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Agustin

1 months ago

I bet Marshall would have a hilarious way of describing assets. 'Economic benefits? More like economic party favors, am I right?'

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Nicolette

1 months ago

A) Assets, for sure. I can practically hear Marshall's voice in my head explaining this concept. Easy peasy!

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Sheridan

9 days ago

A) Assets

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Mollie

1 months ago

D) None of the above? Really? That's a bold choice. I better read this question again more carefully.

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Arminda

2 months ago

Wait, is this a trick question? Could it be C) Credentials? I mean, those are kind of like economic benefits, right? Nah, probably not.

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Tess

1 days ago

No, it's not a trick question. Assets are probable future economic benefits obtained or controlled by a particular entity as a result of past transactions or events.

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