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ACFE Exam CFE-Financial-Transactions-and-Fraud-Schemes Topic 8 Question 103 Discussion

Actual exam question for ACFE's CFE-Financial-Transactions-and-Fraud-Schemes exam
Question #: 103
Topic #: 8
[All CFE-Financial-Transactions-and-Fraud-Schemes Questions]

Skimming is:

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Suggested Answer: D

by Eleni at Nov 19, 2024, 03:33 PM

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Geraldo
1 months ago
Ah, the classic 'none of the above' option. The last resort of the truly lost. But hey, at least I won't be going to jail for this one.
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Son
4 days ago
D) None of above
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Percy
9 days ago
C) The removal of cash from a victim entity after its entry in an accounting system.
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Brande
20 days ago
A) The removal of cash from a victim entity prior to its entry in an accounting system.
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Florencia
2 months ago
Option C, really? Removing cash after it's already in the system? That's like trying to stuff the genie back into the bottle. Not happening.
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Floyd
15 days ago
D) None of above
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Arlie
17 days ago
B) The addition of cash from a victim entity prior to its entry in an accounting system.
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Maira
1 months ago
A) The removal of cash from a victim entity prior to its entry in an accounting system.
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Andra
2 months ago
Aha! I knew option B had to be the right answer. Gotta love that extra cash before it hits the books. Totally legit, right?
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Verona
14 days ago
User 3: Definitely not legit, but some people still try it.
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Belen
17 days ago
User 2: Yeah, that's the one! Sneaky way to get some extra cash.
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Kimberely
1 months ago
User 1: Skimming is the addition of cash from a victim entity prior to its entry in an accounting system.
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Beckie
2 months ago
Skimming? Sounds like something I do with my morning coffee. But this option A seems a bit too shady for my taste.
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Billy
24 days ago
D) None of above
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Leandro
1 months ago
C) The removal of cash from a victim entity after its entry in an accounting system.
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Jacqueline
1 months ago
A) The removal of cash from a victim entity prior to its entry in an accounting system.
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Matthew
3 months ago
I think it's important to understand skimming to prevent fraud in accounting.
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Bong
3 months ago
I agree with Hildegarde, skimming is about taking cash before it's recorded.
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Hildegarde
3 months ago
Skimming is the removal of cash from a victim entity prior to its entry in an accounting system.
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