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ACFE CFE-Financial-Transactions-and-Fraud-Schemes Exam - Topic 8 Question 92 Discussion

Actual exam question for ACFE's CFE-Financial-Transactions-and-Fraud-Schemes exam
Question #: 92
Topic #: 8
[All CFE-Financial-Transactions-and-Fraud-Schemes Questions]

Which of the following is NOT the method for stealing inventory and other assets?

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Suggested Answer: A

by Carin at Jul 09, 2024, 09:23 PM

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Donte
5 months ago
I think B is the odd one out here, not A!
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Glory
5 months ago
I thought purchasing schemes were legit, but they can be misused?
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Idella
5 months ago
Wait, are you sure D isn't a method too?
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Alethea
5 months ago
Totally agree, A is a clear method!
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Charlesetta
6 months ago
Larceny schemes are definitely a method used for stealing.
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Antonio
6 months ago
I vaguely remember that larceny and asset requisition are both methods, but I’m unsure about the specifics of sales and equipment handling.
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Jerilyn
6 months ago
I practiced a similar question where asset requisition was mentioned as a method, so I’m leaning towards D being the answer, but I’m not completely confident.
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Cecil
6 months ago
I feel like purchasing and receiving schemes are also common methods, but I can't recall if sales and equipment handling is considered one.
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Gerald
6 months ago
I think I remember that larceny schemes are definitely a method of stealing inventory, but I'm not sure about the others.
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Dorethea
6 months ago
This question is testing our knowledge of common inventory theft techniques. I'll carefully consider each option and eliminate the one that doesn't fit the pattern.
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Carin
6 months ago
Okay, let's see. Asset requisition, purchasing scams, and sales handling are all common ways to steal inventory. I'm guessing the one that's not a typical method is the "asset requisition and transfer" option.
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Kris
6 months ago
I'm a bit confused by the wording of the question. I'll need to review my notes on inventory theft schemes to make sure I understand the differences between them.
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Sunshine
6 months ago
This is a tricky one. I'll need to think carefully about the different methods for stealing inventory and assets to determine which one is not a typical approach.
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Teddy
7 months ago
Hmm, this seems like a straightforward question about asset theft. I'm pretty confident I can identify the method that is not commonly used.
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Gayla
7 months ago
Hmm, this question is testing our understanding of the differences and connections between data models and pivot. I'll need to think carefully about the key characteristics of each and how they might be related.
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Albina
7 months ago
This is a tricky one. There are a few different ways the portfolio office could report, and I'm not sure which is the "ultimate" reporting structure. I'll have to weigh the pros and cons of each option.
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Desirae
11 months ago
I don't know, but I heard the best way to steal inventory is to just walk out the front door with a forklift. No one ever suspects the forklift.
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Nichelle
11 months ago
I'm pretty sure the answer is B) Asset requisition and transfer. That's the only one that doesn't sound like a sneaky way to pilfer the company's goods.
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Renay
11 months ago
Hmm, I'm not sure. All of these options sound like they could be used to steal inventory and assets. I'll have to think about this one a bit more.
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Markus
10 months ago
C) Purchasing and receiving schemes
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Javier
10 months ago
Hmm, I'm not sure either. Let's review the options again.
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Emilio
10 months ago
No, I believe it's B) Asset requisition and transfer.
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Willow
10 months ago
I think it's D) Sales & Equipment handling.
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Amira
10 months ago
D) Sales & Equipment handling
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Vallie
10 months ago
C) Purchasing and receiving schemes
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Ma
11 months ago
B) Asset requisition and transfer
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Jenifer
11 months ago
B) Asset requisition and transfer
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Deonna
11 months ago
A) Larceny schemes
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Thea
11 months ago
A) Larceny schemes
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Elza
1 year ago
I think the answer is D) Sales & Equipment handling. That sounds like a way to siphon off assets, not a legitimate business practice.
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Refugia
11 months ago
Chara: So, we can eliminate D) Sales & Equipment handling as the answer.
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Jess
11 months ago
User 3: B) Asset requisition and transfer also sounds like a possible method for stealing assets.
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Chara
11 months ago
User 2: Definitely, A) Larceny schemes and C) Purchasing and receiving schemes seem more likely.
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Pete
11 months ago
User 1: I agree, D) Sales & Equipment handling doesn't sound like a method for stealing inventory.
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Pearlie
1 year ago
Well, the correct answer must be B) Asset requisition and transfer. That's not a method for stealing assets, it's a legitimate way to manage inventory and other assets.
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Kelvin
1 year ago
But asset requisition and transfer can also be a method for stealing assets if done fraudulently.
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Rodrigo
1 year ago
I disagree, I believe the answer is B) Asset requisition and transfer.
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Kelvin
1 year ago
I think the answer is D) Sales & Equipment handling.
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