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?

AAllowances by vendors

BDisposals of allowances than reorders

CReturns and allowances

DNone of the above

Show Suggested Answer

Suggested Answer: C

by Han at Mar 19, 2025, 08:35 PM

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12 days 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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13 days 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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14 days ago

I agree with Carole, because returns and allowances are directly related to high incidence of returns.

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17 days 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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3 days ago

Option C is definitely important to monitor.

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18 days ago

I think the answer is C) Returns and allowances.

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