Discuss ACFE CFE-Financial-Transactions-and-Fraud-Schemes Exam Topic 2 Question 115

Which of the following is NOT the aspect of inventory purchase?

AInventory purchases purposely increase in year 1 only to be liquidated in year 2.

Binventory for the year 2 will be much greater than year 1.

CIncrease sales in year 2 are unexpected and purchase of inventory does not keep pace with the sales.

Dmight be some fraud scheme in inventory.

Suggested Answer: B

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21 comments · newest first

Irene 10 months ago

Wait, D? A fraud scheme? That’s a bit extreme, isn’t it?

Tina 10 months ago

I agree, B seems more plausible for inventory trends.

Stephaine 10 months ago

A is definitely not a typical inventory purchase strategy.

Lang 11 months ago

Just to clarify, inventory usually balances out over the years.

Sharita 11 months ago

C sounds right, unexpected sales can mess up inventory plans.

Precious 11 months ago

I recall that inventory levels should generally reflect sales trends, so I'm leaning towards option B being the correct answer.

Celestina 11 months ago

I practiced a similar question where we had to identify misleading statements about inventory management. I think option A could be the right choice here.

Margurite 12 months ago

I'm not entirely sure, but I feel like option D could be a trick answer since fraud isn't a typical aspect of inventory purchases.

Whitney 12 months ago

I remember discussing how inventory purchases should align with sales forecasts, so I think option C might be the odd one out.

Ira 12 months ago

I feel pretty confident about this one. I think option D, "might be some fraud scheme in inventory," is the aspect that is not actually part of inventory purchase. The others seem to be legitimate aspects.

Pearly 1 year ago

I've got a strategy - I'm going to go through each option and ask myself, "Is this a real aspect of inventory purchase?" If the answer is yes, then that's not the right choice.

Leonida 1 year ago

I'm a bit confused by the wording on some of these options. I'll need to make sure I fully understand what each one is saying before I can decide which one is not an aspect.

Lilli 1 year ago

Okay, let's see. I think the key is to identify which of these is not actually an aspect of inventory purchase. Gotta eliminate the ones that are true.

Albina 1 year ago

Hmm, this seems like a tricky one. I'll need to carefully read through the options and think about what aspects of inventory purchase are being described.

Kimberlie 1 year ago

I agree with Christiane, because it makes sense to have a strategy for inventory purchases.

Dianne 1 year ago

I'm gonna go with D. Gotta watch out for those pesky fraud schemes, am I right?

Katie 1 year ago

↳ replying to Dianne

Yeah, but what about A? Sounds a bit fishy too.

Rusty 1 year ago

↳ replying to Dianne

D is definitely the one. Fraud can really mess things up.

Anglea 1 year ago

Option B seems a bit off. Who would intentionally buy more inventory for the second year if it's not even expected to sell?

Christiane 1 year ago

I disagree, I believe the answer is A) Inventory purchases purposely increase in year 1 only to be liquidated in year 2.

Wava 1 year ago

I think the answer is D) might be some fraud scheme in inventory.

ACFE CFE-Financial-Transactions-and-Fraud-Schemes Exam - Topic 2 Question 115 Discussion