ACFE Exam CFE-Financial-Transactions-and-Fraud-Schemes Topic 6 Question 64 Discussion

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

Question #: 64
Topic #: 6

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

Larceny is the scheme in which an employee simply takes inventory from the company premises without attempting to conceal it in the books and records.

ATrue

BFalse

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Suggested Answer: D

by Jutta at Jan 09, 2023, 05:10 AM

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Kenneth

1 months ago

I'm feeling quite 'larcenous' about this question. B) False, but I'm tempted to just take the answer key instead.

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Maile

11 days ago

A) True

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Melissia

1 months ago

I'm stealing this question to use on my own exam. B) False, end of story.

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Nilsa

1 months ago

Ha! This question is a real 'steal' from the textbook. Larceny is larceny, no matter how you slice it.

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Novella

1 months ago

B) False, of course. Larceny implies taking something without the owner's consent, regardless of whether it's concealed or not.

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Veronika

3 days ago

A) True

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Erick

2 months ago

Wow, this is a tricky one! I thought larceny always involved some kind of concealment. Guess I need to brush up on my theft terminology.

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Ashleigh

4 days ago

A) True

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Chandra

6 days ago

I always thought the same thing! It's interesting to learn the specifics.

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Anastacia

7 days ago

B) False

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Leota

14 days ago

A) True

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Aleisha

3 months ago

Why do you think it's false?

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Shawnta

3 months ago

I disagree, I believe it's false.

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Aleisha

3 months ago

I think the statement is true.

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