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ACFE Exam CFE-Financial-Transactions-and-Fraud-Schemes Topic 6 Question 109 Discussion

Actual exam question for ACFE's CFE-Financial-Transactions-and-Fraud-Schemes exam
Question #: 109
Topic #: 6
[All CFE-Financial-Transactions-and-Fraud-Schemes Questions]

Which of the following search is used for unusually high incidence of returns and allowances scheme?

Show Suggested Answer Hide Answer
Suggested Answer: C

Contribute your Thoughts:

Hannah
1 months ago
Wait, is this a trick question? I'm going with D. None of the above, because I'm not falling for any accounting shenanigans today!
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Kirk
1 months ago
Tom
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Marjory
3 days ago
C) Returns and allowances
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Mitzie
7 days ago
B) Disposals of allowances than reorders
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Ira
13 days ago
A) Allowances by vendors
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Stefania
2 months ago
D, all the way! None of these options seem to fit the bill. I'm just going to go with my gut on this one.
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Genevieve
13 days ago
C) Returns and allowances
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Glendora
17 days ago
B) Disposals of allowances than reorders
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Dominga
1 months ago
A) Allowances by vendors
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Marylin
2 months ago
Nah, nah, nah, it's gotta be A. Tracking the allowances from vendors is the key to uncovering any shady business going on.
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Gladis
1 months ago
I agree with you, A. Tracking allowances by vendors is definitely important in this case.
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Johanna
1 months ago
I'm going with B. Disposals of allowances than reorders seems suspicious to me.
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Providencia
2 months ago
I think it's C. Returns and allowances are usually where you find the most issues.
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Avery
2 months ago
I'm not sure, but I think it could also be A) Allowances by vendors, as they might be responsible for the high returns.
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Mozelle
2 months ago
Aha! I'm going with B. Disposing of those allowances and reordering is where it's at. How else am I going to keep my inventory in check?
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Darrel
2 months ago
User 2: I'm going with B) Disposals of allowances than reorders.
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Hildred
2 months ago
User 1: I think I'll go with C) Returns and allowances.
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Sharita
2 months ago
I agree with Carole, because returns and allowances are directly related to high incidence of returns.
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Barney
3 months ago
Hmm, I think option C is the way to go. Gotta keep an eye on those pesky returns and allowances, am I right?
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Glory
25 days ago
Yeah, it's a key aspect of managing finances.
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Sabrina
28 days ago
I agree, it's crucial to keep track of those.
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Alfred
2 months ago
Returns and allowances can really impact the bottom line.
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Luke
2 months ago
Option C is definitely important to monitor.
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Carole
3 months ago
I think the answer is C) Returns and allowances.
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