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

If the assets are intentionally purchased by the company but simply misappropriated by the fraudster, this is referring to as:
A) Inventory larceny scheme
B) Asset receiving scheme
C) Fraudulent purchase
D) Falsify shipping

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

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

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Suggested Answer: A

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

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Rima
4 days ago
Right, misappropriation means it was intended for the company.
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Dean
9 days ago
A is more about stealing, not misappropriation.
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Sheridan
15 days ago
But what about A) Inventory larceny scheme?
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Ruthann
20 days ago
I feel that too, it makes sense.
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Rima
25 days ago
I think it's C) Fraudulent purchase.
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Omer
1 month ago
I disagree, I think it’s D) Falsify shipping.
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Sharika
1 month ago
Really? I’m surprised this isn’t more straightforward.
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Lai
1 month ago
No way, it's C) Fraudulent purchase for sure!
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Mona
2 months ago
I thought it was B) Asset receiving scheme?
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Chanel
2 months ago
It's definitely A) Inventory larceny scheme.
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Cassie
2 months 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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Mollie
2 months ago
I feel like "fraudulent purchase" could be the answer, but it seems too straightforward for this type of question.
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Laticia
2 months 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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Sharmaine
2 months 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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