ACFE Exam CFE-Investigation Topic 5 Question 71 Discussion

Actual exam question for ACFE's CFE-Investigation exam

Question #: 71
Topic #: 5

[All CFE-Investigation Questions]

Which of the following can be obtained from a wire transfer record?

AThe amount of the transfer in question

BThe type of money order used to make the transfer

CThe location of the customs port of entry for the transfer

DThe recipient's government identification number

Show Suggested Answer

Suggested Answer: D

by Cecil at Jul 28, 2023, 10:37 AM

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Mel

3 hours ago

C is the winner! I bet the customs port of entry is super relevant to a simple domestic wire transfer. Totally makes sense.

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Pete

6 days ago

B? Really? What does a money order have to do with a wire transfer? This question is a total mess.

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Shizue

8 days ago

D, of course. How else would they know who the recipient is? Wire transfers need that kind of personal info.

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Alpha

14 days ago

I'm not sure about that. I think it could also include D) The recipient's government identification number for security purposes.

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Laurel

15 days ago

I agree with Telma. The wire transfer record should definitely have the amount of the transfer.

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Lamonica

15 days ago

Definitely A. That's the whole point of a wire transfer record - to show the amount transferred.

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Telma

17 days ago

I think the answer is A) The amount of the transfer in question.

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