ACFE Exam CFE-Financial-Transactions-and-Fraud-Schemes Topic 4 Question 87 Discussion

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

Question #: 87
Topic #: 4

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

The scheme which reduces victim companies to issue fraudulent payments for goods or services that they have not received is called:

ABogus claims

BBilling scheme

CReliance billing

DMisappropriate claims

Show Suggested Answer

Suggested Answer: D

by Linwood at May 10, 2024, 09:48 PM

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Dean

1 months ago

Ooh, 'Reliance billing'? Sounds like they're trying to get me to rely on their shady practices. No thanks, I'll pass on that one.

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Joaquin

14 days ago

User 1: Yeah, 'Reliance billing' does sound sketchy.

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Jacklyn

1 months ago

Bogus claims? Sounds like something straight out of a bad crime novel. Gotta go with B, the boring but accurate 'billing scheme'.

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Rebbecca

1 days ago

I think 'bogus claims' is too obvious, 'billing scheme' seems more sneaky.

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Colette

4 days ago

I agree, 'billing scheme' sounds like the most accurate option.

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Ettie

2 months ago

Misappropriate claims? That's a fancy way of saying 'stealing', isn't it? I'll stick with the classic 'billing scheme' for my answer.

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Franklyn

18 days ago

I'll go with 'billing scheme' too, it's a common term for this type of fraud.

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Lorrie

22 days ago

I agree, 'billing scheme' is a classic term for this type of fraud.

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Ernie

29 days ago

I think 'misappropriate claims' does sound fancy, but it basically means stealing.

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Daisy

2 months ago

Reliance billing? More like 'Deceit billing' if you ask me. Definitely going with B on this one.

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Lilli

1 months ago

I'm not sure, but I think it might be Bogus claims. What do you think?

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Kristel

2 months ago

I think it's definitely a Billing scheme. Let's go with B.

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Tayna

2 months ago

I agree, 'Deceit billing' sounds more accurate. I'm also going with B.

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Quiana

2 months ago

I'm not sure, but I think it could also be A) Bogus claims.

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Sarah

3 months ago

This billing scheme sounds like a really slick way to scam companies. I bet the perpetrators think they're real geniuses pulling this off.

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Nelida

1 months ago

I can't believe how elaborate some of these schemes can be.

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Graham

2 months ago

C) Reliance billing

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Catarina

2 months ago

It's definitely a sneaky way to steal money.

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Venita

2 months ago

B) Billing scheme

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Stefany

2 months ago

Yeah, they probably feel pretty clever tricking companies like that.

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Andrew

2 months ago

A) Bogus claims

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Graciela

3 months ago

I agree with Virgie, because it makes sense that it involves fraudulent payments.

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Virgie

3 months ago

I think the answer is B) Billing scheme.

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