Discuss ACFE CFE-Financial-Transactions-and-Fraud-Schemes Exam Topic 6 Question 36

ACFE CFE-Financial-Transactions-and-Fraud-Schemes Exam - Topic 6 Question 36 Discussion

Posted by Ciara on May 07, 2022 at 06:24 PM

Forced reconciliation of the account says:

Ato conceal shrinkage is to alter inventory record so that it matches the physical inventory count.

Bto conceal inventory is to alter shrinkage record so that it matches the physical inventory count.

Cto conceal shrinkage is to change the perpetual inventory record so that it matches the physical inventory count.

Dto conceal write-offs is to change the perpetual inventory record so that it matches the physical inventory count.

Suggested Answer: C

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8 comments · newest first

Gladis 12 months ago

B is definitely misleading, it’s not about shrinkage.

Elbert 12 months ago

D doesn’t fit the definition at all.

Georgiana 1 year ago

Wait, are we really altering records? That sounds sketchy!

Rossana 1 year ago

I think C makes more sense, though.

Caprice 1 year ago

A is correct, it’s all about matching records.

Sharen 1 year ago

I'm not entirely sure about this one. I'll need to double-check the schema and the options to make sure I'm not missing anything.

Eveline 1 year ago

I'm a bit unsure about this one. Does the solution actually work for configuring the Docker container, or is there something else I need to do? I'll have to think this through carefully.

Vallie 1 year ago

I'm feeling pretty confident about this one. The 'RRRR' format in option C and the 'yyyy' format in option D should both display the year as four digits, so I'll select those.

Thread summary

● Consensus

Community pick: Yes strong agreement

Vote breakdown

A 2%

B 2%

C 91%

D 3%

Summary updated from 8 comments · last activity 12 months ago

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