ACFE Exam CFE-Investigation Topic 3 Question 91 Discussion

Actual exam question for ACFE's CFE-Investigation exam

Question #: 91
Topic #: 3

If your suspect is spending suspected illicit funds on consumables (e.g.. travel and entertainment) and you need to prove their illicit income circumstantially, which of the following methods of tracing assets would yield the BEST result?

Aexpenditures method

BThe consumables method

CThe income method

DThe asset method

Show Suggested Answer

Suggested Answer: D

by Marshall at Jul 06, 2024, 05:00 AM

Limited Time Offer

25%

Off

Get Premium CFE-Investigation Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Miss

10 days ago

I'm not sure, but I think the income method could also be effective in proving illicit income.

upvoted 0 times

...

Alyce

12 days ago

I agree with Craig, the expenditures method makes sense to trace illicit income.

upvoted 0 times

...

Craig

19 days ago

I think the best method would be the expenditures method.

upvoted 0 times

...