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ACFE CFE-Financial-Transactions-and-Fraud-Schemes Exam - Topic 4 Question 85 Discussion

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

Question #: 85
Topic #: 4

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

Which of the following is NOT the type of billing scheme?

AInvoicing via shell companies

BInvoicing via non-accomplice companies

CInvoicing via accomplice companies

DPersonal purchases with company funds

Show Suggested Answer

Suggested Answer: C

by Vernice at Apr 21, 2024, 02:45 AM

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Virgina

6 months ago

I’m surprised this is even a question!

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Elouise

6 months ago

I think B is the odd one out, not D.

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Laticia

7 months ago

Wait, personal purchases with company funds? That’s a thing?

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Veronika

7 months ago

Totally agree, D seems off.

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Micaela

7 months ago

Invoicing via shell companies is a common scheme.

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Tracey

7 months ago

I’m pretty confident that invoicing via accomplice companies is a scheme, but I’m torn between the others.

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Mitzie

8 months ago

I feel like all of these options could be schemes, but invoicing via non-accomplice companies sounds a bit off to me.

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Paris

8 months ago

I remember practicing a question similar to this, and I think personal purchases with company funds might not be considered a billing scheme.

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Kaycee

8 months ago

I think invoicing via shell companies is definitely a billing scheme, but I'm not sure about the non-accomplice companies.

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Christiane

8 months ago

I've got this one. Personal purchases with company funds is not a type of billing scheme, it's just misuse of company funds. The other options are all different ways companies can bill their clients.

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Darrin

8 months ago

Okay, let's see. Invoicing via shell companies, non-accomplice companies, and accomplice companies all seem like valid billing schemes. Personal purchases with company funds doesn't quite fit, so I'll go with that.

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Clarinda

8 months ago

Hmm, I'm a little unsure about this one. I'll need to review my notes on the different billing schemes to make sure I understand the differences.

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Thaddeus

8 months ago

This one's a bit tricky. I'll need to think through the different types of billing schemes to figure out which one doesn't fit.

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Paz

8 months ago

Hmm, I'm not entirely sure about this one. I'll need to think it through carefully to make sure I understand the implications of worms taking over computer memory.

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Veronica

8 months ago

I'm leaning towards option C, since third-party damages can be a huge issue, but I'm uncertain if that's specifically a limit of these policies.

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Marya

8 months ago

C is the way to go. Log-scaling the hyperparameters is a proven technique to speed up the optimization process and find the best model configuration.

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Brandon

8 months ago

I thought modern war weapons might be the focus, but it feels like the exam is leaning more towards the broader concepts like modern terrorism.

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Charlene

8 months ago

I feel like we discussed that the Message Screening pattern might be necessary alongside the Service Perimeter Guard. It's fuzzy, but it makes sense to combine them.

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Janine

2 years ago

I agree with David, A) makes sense as a type of billing scheme

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Martin

2 years ago

I think it's A) because invoicing via shell companies is a common form of fraud

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Raul

2 years ago

I'm pretty sure the answer is C)

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Franklyn

2 years ago

No, I disagree. I believe the answer is B)

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Justa

2 years ago

I think the answer is D)

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Sherell

2 years ago

C) Invoicing via accomplice companies

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Valentin

2 years ago

B) Invoicing via non-accomplice companies

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Lisha

2 years ago

A) Invoicing via shell companies

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Kris

2 years ago

D) Personal purchases with company funds

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Paz

2 years ago

Which of the following is NOT the type of billing scheme?

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