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ACFE CFE-Financial-Transactions-and-Fraud-Schemes Exam - Topic 7 Question 101 Discussion

Which sale occurs when the accomplice of the employee-fraudster ''buys'' merchandise, but the employee does not ring up the sale, and the accomplice takes the merchandise without making any payment?
A) Whole sale
B) Fake sale
C) Fraudster sale
D) Preliminary sale

ACFE CFE-Financial-Transactions-and-Fraud-Schemes Exam - Topic 7 Question 101 Discussion

Actual exam question for ACFE's CFE-Financial-Transactions-and-Fraud-Schemes exam
Question #: 101
Topic #: 7
[All CFE-Financial-Transactions-and-Fraud-Schemes Questions]

Which sale occurs when the accomplice of the employee-fraudster ''buys'' merchandise, but the employee does not ring up the sale, and the accomplice takes the merchandise without making any payment?

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Suggested Answer: A

by Alpha at Sep 13, 2024, 07:54 PM

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Vesta
9 months ago
Nope, it's not a preliminary sale.
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Deandrea
9 months ago
I've seen this happen before, it's wild!
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Jame
10 months ago
Wait, is that really a thing? Sounds sketchy.
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Erin
10 months ago
Totally agree, it's a scam!
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Evangelina
10 months ago
That's definitely a fake sale.
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Lindsey
10 months ago
I vaguely recall something about accomplices in fraud cases, but I can't remember if it was called a "preliminary sale" or something else.
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Freida
11 months ago
I’m a bit confused; I thought a "whole sale" was something different. Maybe I should go with "fake sale"?
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Yoko
11 months ago
I remember practicing a question about employee fraud, and I feel like "fraudster sale" could be a possibility too.
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Lavonda
11 months ago
I think this might be related to the concept of "fake sales," but I'm not entirely sure if that's the right term.
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Lisbeth
11 months ago
I'm not totally confident, but I'm leaning towards "fake sale" as the answer. The employee doesn't ring up the transaction, so it seems like a fake or fraudulent sale, even though there's an accomplice involved.
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Precious
11 months ago
Okay, I've got it! This is a "fraudster sale" where the employee and their accomplice work together to steal the merchandise without any payment. The question is pretty straightforward once you break it down.
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Vilma
11 months ago
This one seems tricky, but I think the key is to focus on the fact that the employee doesn't ring up the sale. That sounds like a "fake sale" to me.
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Vincenza
11 months ago
Hmm, I'm a little confused on this one. The question mentions an "accomplice" and "employee-fraudster," so I'm not sure if that means it's a special type of sale. I'll have to think about it more.
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Altha
11 months ago
I'm pretty confident I can solve this. The enhancement adds 3 update screens, each updating 2 files and displaying 17 data attributes. That should give me the answer.
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Deandrea
1 year ago
I'm leaning towards 'Fake sale' too. Honestly, any answer that doesn't involve the word 'fraud' just seems like it's missing the point, you know?
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Aliza
1 year ago
I agree, anything else just doesn't capture the essence of the situation.
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Noah
1 year ago
Yeah, it's all about deception and fraud.
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Sherly
1 year ago
I think it's definitely a fake sale.
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Deeann
1 year ago
Haha, 'Preliminary sale'? Really? That's gotta be the most misleading answer option. Might as well call it a 'Thief's delight' sale!
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Eric
1 year ago
Haha, 'Preliminary sale'? Really? That's gotta be the most misleading answer option. Might as well call it a 'Thief's delight' sale!
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Gladys
1 year ago
D) Preliminary sale
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Donte
1 year ago
C) Fraudster sale
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Eveline
1 year ago
B) Fake sale
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Kara
1 year ago
A) Whole sale
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Kimberely
1 year ago
Hmm, tricky one. 'Fraudster sale' sounds about right to me, since the employee is clearly in cahoots with the accomplice to pull off this scheme.
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Barrie
1 year ago
I'm definitely going with 'Fake sale' here. That seems like the most accurate description of what's happening - the employee is basically enabling a fraudulent transaction.
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Gary
1 year ago
I'm not sure, but I think it could also be C) Fraudster sale, since it involves fraud.
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Lacey
1 year ago
I agree with Ilona, because the employee is pretending to make a sale but it's actually fake.
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Ilona
1 year ago
I think the answer is B) Fake sale.
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