ACFE CFE-Financial-Transactions-and-Fraud-Schemes Exam - Topic 4 Question 127 Discussion

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

Question #: 127
Topic #: 4

If the assets are intentionally purchased by the company but simply misappropriated by the fraudster, this is referring to as:

AInventory larceny scheme

BAsset receiving scheme

CFraudulent purchase

DFalsify shipping

Show Suggested Answer

Suggested Answer: A

by Weldon at May 31, 2026, 10:02 PM

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10 hours ago

I thought it was B) Asset receiving scheme?

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6 days ago

It's definitely A) Inventory larceny scheme.

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11 days ago

I vaguely remember discussing asset receiving schemes in class, but I can't remember the details. Could that be the right choice?

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16 days ago

I feel like "fraudulent purchase" could be the answer, but it seems too straightforward for this type of question.

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21 days ago

I remember a practice question about asset schemes, but I can't recall if it was specifically about fraudulent purchases or something else.

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26 days ago

I think this might be related to inventory larceny, but I'm not entirely sure if that's the right term for misappropriation.

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