ACFE Exam CFE-Financial-Transactions-and-Fraud-Schemes Topic 2 Question 84 Discussion

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

Question #: 84
Topic #: 2

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

A __________ is a day-by-day, or chronological, record of transactions

AAsset

BJournal

CCheckbook

DLedger

Show Suggested Answer

Suggested Answer: B

by Carmela at Apr 14, 2024, 12:36 PM

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Trinidad

6 days ago

Ledger? Checkbook? What is this, the Stone Age? I'm going with B) Journal. At least it sounds modern.

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Cordell

8 days ago

A) Asset? Haha, nice try. I'm not falling for that corporate mumbo-jumbo.

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Kip

20 days ago

C) Checkbook? Really? That's so 20th century. Where's the cloud-based accounting software option?

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Kayleigh

21 days ago

D) Ledger, for sure. I bet the person who wrote this question keeps their receipts in a shoebox.

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Joni

24 days ago

B) Journal seems like the obvious choice here. Who doesn't love a good old-fashioned paper trail?

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Susy

25 days ago

I agree with German, a journal is like a diary for financial transactions

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German

27 days ago

I think it's B) Journal because it's where you record daily transactions in order

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Yasuko

1 months ago

B) Journal

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