ACFE Exam CFE-Financial-Transactions-and-Fraud-Schemes Topic 6 Question 73 Discussion

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

Question #: 73
Topic #: 6

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

____________ is a process by which a bookkeeper records all transactions and can adjust the books.

AJournal Entries

BAccounting Cycle

CFinancial statement

DNone of all

Show Suggested Answer

Suggested Answer: A

by Ma at Aug 07, 2023, 01:44 PM

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Dierdre

29 days ago

Ah, the Accounting Cycle, the never-ending dance of debits and credits. I bet the bookkeepers get dizzy trying to keep up!

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Anissa

1 months ago

D) None of all? Really? That's like saying the sky is green. Accounting Cycle is clearly the right answer here.

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Johana

1 months ago

Easy peasy, Accounting Cycle is the way to go. Financial statements are the outcome, not the process itself.

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Hana

4 days ago

B) Accounting Cycle

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Ming

9 days ago

A) Journal Entries

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Celeste

1 months ago

I was torn between Accounting Cycle and Journal Entries, but Accounting Cycle makes more sense as it encompasses the entire process.

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2 months ago

I think the answer is A) Journal Entries.

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