ACFE Exam CFE-Financial-Transactions-and-Fraud-Schemes Topic 6 Question 107 Discussion

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

Question #: 107
Topic #: 6

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

A journal in which all sales made on credit or cash are listed is:

ADisbursement journal

BAccounts receivable journal

CAccounts payable journal

DGeneral journal

Show Suggested Answer

Suggested Answer: B

by Carylon at Feb 08, 2025, 04:20 AM

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14 days ago

I'm not sure, but I think D) General journal could also be a possibility for recording sales transactions.

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17 days ago

I think the answer is B) Accounts receivable journal. It makes the most sense to keep track of all sales, both credit and cash, in one place.

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2 days ago

I think it's D) General journal, because it records all types of transactions.

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3 days ago

I agree, keeping track of all sales in one place is important.

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20 days ago

I agree with Rebeca. Sales made on credit or cash should be recorded in the accounts receivable journal.

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24 days ago

I think the answer is B) Accounts receivable journal.

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