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ACFE CFE-Financial-Transactions-and-Fraud-Schemes Exam - 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?

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Suggested Answer: C

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Chandra
3 months ago
None of the above? That's a bold choice, D!
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Lorean
3 months ago
B seems off, I don't see how disposals relate.
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Georgene
3 months ago
Totally agree, C makes the most sense here.
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Verlene
3 months ago
Wait, are we sure about that? What if it's A?
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Kattie
3 months ago
I think it's definitely C. Returns and allowances are key.
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Cordelia
4 months ago
I feel like I saw something about vendor allowances in my notes, so maybe A is the right choice after all.
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Cristy
4 months ago
I'm leaning towards D, "None of the above," but I can't recall the specifics. This is tricky!
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Elena
4 months ago
I remember practicing a similar question, and I think it was about identifying patterns in returns. Maybe it's A?
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Salome
4 months ago
I think the answer might be C, "Returns and allowances," but I'm not completely sure. It feels like the most direct option.
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Levi
5 months ago
I'm a little confused by the wording of this question. The options don't seem to clearly align with the question being asked. I'll have to re-read it a few times to make sure I understand what they're looking for.
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Elbert
5 months ago
Okay, I've got this. The question is asking about the type of search used to identify issues with returns and allowances. Based on that, the correct answer has to be C - "Returns and allowances".
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Alva
5 months ago
Hmm, I'm a bit unsure about this one. The options don't seem to directly match the question wording. I'll need to think it through carefully before selecting an answer.
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Justine
5 months ago
This seems like a straightforward question about accounting practices. I think the key is to focus on the phrase "unusually high incidence of returns and allowances" - that's likely the clue to the right answer.
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Hannah
10 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
10 months ago
Tom
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Marjory
9 months ago
C) Returns and allowances
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Mitzie
9 months ago
B) Disposals of allowances than reorders
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Ira
9 months ago
A) Allowances by vendors
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Stefania
10 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
9 months ago
C) Returns and allowances
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Glendora
9 months ago
B) Disposals of allowances than reorders
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Dominga
10 months ago
A) Allowances by vendors
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Marylin
10 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
10 months ago
I agree with you, A. Tracking allowances by vendors is definitely important in this case.
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Johanna
10 months ago
I'm going with B. Disposals of allowances than reorders seems suspicious to me.
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Providencia
10 months ago
I think it's C. Returns and allowances are usually where you find the most issues.
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Avery
11 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
11 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
10 months ago
User 2: I'm going with B) Disposals of allowances than reorders.
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Hildred
10 months ago
User 1: I think I'll go with C) Returns and allowances.
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Sharita
11 months ago
I agree with Carole, because returns and allowances are directly related to high incidence of returns.
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Barney
11 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
9 months ago
Yeah, it's a key aspect of managing finances.
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Sabrina
9 months ago
I agree, it's crucial to keep track of those.
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Alfred
10 months ago
Returns and allowances can really impact the bottom line.
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Luke
11 months ago
Option C is definitely important to monitor.
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Carole
11 months ago
I think the answer is C) Returns and allowances.
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