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ACFE CFE-Financial-Transactions-and-Fraud-Schemes Exam - Topic 7 Question 50 Discussion

Which of the following is true for Red flags associated with fictitious revenues?
C) A significant volume of sales to entries whose substance and ownership is not known.
A) Slow growth or usual profitability, when not compared to other companies in the same industry.
B) Usual growth in the number of days purchase in receivables
D) A usual surge in purchase by a majority of units within a company, or of purchase recorded by corporate headquarters.

ACFE CFE-Financial-Transactions-and-Fraud-Schemes Exam - Topic 7 Question 50 Discussion

Actual exam question for ACFE's CFE-Financial-Transactions-and-Fraud-Schemes exam
Question #: 50
Topic #: 7
[All CFE-Financial-Transactions-and-Fraud-Schemes Questions]

Which of the following is true for Red flags associated with fictitious revenues?

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Suggested Answer: C

by Yoko at May 05, 2022, 07:35 AM

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Stephanie
7 months ago
I’m surprised C is even an option, sounds fishy!
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Cassandra
7 months ago
B seems pretty normal to me, not a red flag.
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Christene
8 months ago
Wait, are we really considering D as a red flag?
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Cristy
8 months ago
I think A could be misleading.
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Tony
8 months ago
C is definitely a red flag!
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Allene
8 months ago
Wait, I'm a little confused. Isn't scheduling also related to running cron jobs or other automated tasks in Kubernetes? I'll need to review the material on that.
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Theola
8 months ago
I'm leaning towards the AlR-AP28021-K9, but I keep getting confused with the other SKUs.
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Bo
8 months ago
Ah, I see the issue now. The question says the code block contains an error, but the code block itself is just using the union method on the Spark context. I think the correct approach would be to call the unionByName method directly on the DataFrame objects, not the Spark context.
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Harrison
8 months ago
I think safety stock is mainly to handle demand fluctuations, especially before reaching the order point. A seems right to me.
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Toshia
8 months ago
I've got a strategy - I'll go through each option and check if the sequence makes sense based on the state descriptions.
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