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

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

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

Suggested Answer: C

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28 comments · newest first
VI
Virgina 11 months ago
I’m surprised this is even a question!
EL
Elouise 11 months ago
I think B is the odd one out, not D.
LA
Laticia 11 months ago
Wait, personal purchases with company funds? That’s a thing?
VE
Veronika 12 months ago
Totally agree, D seems off.
MI
Micaela 12 months ago
Invoicing via shell companies is a common scheme.
TR
Tracey 12 months ago
I’m pretty confident that invoicing via accomplice companies is a scheme, but I’m torn between the others.
MI
Mitzie 1 year ago
I feel like all of these options could be schemes, but invoicing via non-accomplice companies sounds a bit off to me.
PA
Paris 1 year ago
I remember practicing a question similar to this, and I think personal purchases with company funds might not be considered a billing scheme.
KA
Kaycee 1 year ago
I think invoicing via shell companies is definitely a billing scheme, but I'm not sure about the non-accomplice companies.
CH
Christiane 1 year 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.
DA
Darrin 1 year 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.
CL
Clarinda 1 year 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.
TH
Thaddeus 1 year 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.
PA
Paz 1 year 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.
VE
Veronica 1 year 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.
MA
Marya 1 year 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.
BR
Brandon 1 year 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.
CH
Charlene 1 year 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.
JA
Janine 2 years ago
I agree with David, A) makes sense as a type of billing scheme
MA
Martin 2 years ago
I think it's A) because invoicing via shell companies is a common form of fraud
RA
Raul 2 years ago
I'm pretty sure the answer is C)
FR
Franklyn 2 years ago
No, I disagree. I believe the answer is B)
JU
Justa 2 years ago
I think the answer is D)
SH
Sherell 3 years ago
C) Invoicing via accomplice companies
VA
Valentin 3 years ago
B) Invoicing via non-accomplice companies
LI
Lisha 3 years ago
A) Invoicing via shell companies
KR
Kris 3 years ago
D) Personal purchases with company funds
PA
Paz 3 years ago
Which of the following is NOT the type of billing scheme?
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