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ACFE CFE-Financial-Transactions-and-Fraud-Schemes Exam - Topic 8 Question 106 Discussion

Actual exam question for ACFE's CFE-Financial-Transactions-and-Fraud-Schemes exam
Question #: 106
Topic #: 8
[All CFE-Financial-Transactions-and-Fraud-Schemes Questions]

One reason employees might be hesitant to use PO boxes in shell company schemes is that some businesses are specially vary of sending checks to vendors that have street addresses only.

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Suggested Answer: B

by Jenise at Jan 24, 2025, 11:12 AM

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Francine
5 months ago
Yeah, I've seen businesses avoid PO boxes for that reason.
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Lawrence
5 months ago
Wait, are checks really that sensitive? Seems odd.
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Lashawnda
5 months ago
Totally agree, street addresses feel more legit.
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Lai
5 months ago
Really? I thought PO boxes were just as good.
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Levi
6 months ago
That's true, many companies prefer street addresses.
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Gerald
6 months ago
I might be wrong, but I thought the answer was false since some companies do use PO boxes without issues.
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Aracelis
6 months ago
This seems familiar; I recall discussing how shell companies often use PO boxes to hide their true identity, which might make businesses cautious.
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Kristel
6 months ago
I'm not entirely sure, but I feel like there were practice questions that mentioned concerns about PO boxes in relation to fraud.
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Tony
6 months ago
I think this statement could be true because I remember reading about how businesses prefer verified addresses for security reasons.
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Vashti
6 months ago
I'm a little confused by this question. What exactly are the "shell company schemes" they're referring to? I'll have to think it through more carefully.
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Florencia
6 months ago
Ah, this is a good one. I can see how businesses would be cautious about sending checks to vendors who are trying to hide their location. I'll mark it as True.
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Tequila
6 months ago
Okay, I think I understand the logic here. Businesses would probably be more suspicious of vendors without a real physical address. I'll go with True on this one.
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Reid
6 months ago
Hmm, I'm not totally sure about this one. I'll have to weigh the pros and cons of using a PO box versus a street address in these kinds of schemes.
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Rashad
7 months ago
This seems like a tricky question. I'll need to think carefully about the reasons businesses might be wary of sending checks to vendors with only a street address.
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Cecil
1 year ago
I think the answer is True as well, because using PO boxes adds an extra layer of anonymity in shell company schemes.
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Melissa
1 year ago
I'm not sure, but it does make sense that businesses would prefer vendors with PO boxes for security reasons.
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Rickie
1 year ago
True, true. Businesses are always on the lookout for suspicious activity. Especially when it comes to, you know, money laundering and stuff.
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Mi
1 year ago
I guess some businesses might not be as cautious, but it's better to be safe than sorry.
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Yen
1 year ago
B) False
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Royal
1 year ago
Yeah, it makes sense. They want to avoid any shady dealings.
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Tijuana
1 year ago
A) True
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Marcos
1 year ago
I agree with Devon, because businesses might be suspicious of vendors with only street addresses.
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Brigette
1 year ago
False? Really? Businesses should be thrilled to send checks to mysterious PO boxes. What could possibly go wrong?
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Karon
1 year ago
A) True
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Amie
1 year ago
False? Really? Businesses should be thrilled to send checks to mysterious PO boxes. What could possibly go wrong?
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Effie
1 year ago
B) False
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Barabara
1 year ago
A) True
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Barrie
1 year ago
Of course it's true! Who doesn't love a good shell company scheme? I bet the vendors would love to receive those checks in the mail.
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Weldon
1 year ago
B) False
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Corazon
1 year ago
I agree, it's definitely true.
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Serina
1 year ago
A) True
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Devon
1 year ago
I think the answer is True.
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