Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

ACFE CFE-Law Exam - Topic 2 Question 63 Discussion

Actual exam question for ACFE's CFE-Law exam
Question #: 63
Topic #: 2
[All CFE-Law Questions]

Which of the following is a method of disguising money acquired from illegal sources by recording more income on a business's books than the business actually generates?

Show Suggested Answer Hide Answer
Suggested Answer: A

by Raylene at Jul 09, 2025, 11:54 PM

Limited Time Offer

25%

Off

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

Contribute your Thoughts:

0/2000 characters
Submit Cancel
Vallie
4 months ago
Not sure if I buy that, seems too obvious.
upvoted 0 times
...
Myra
4 months ago
A is the most common method, no doubt about it.
upvoted 0 times
...
Marsha
4 months ago
Definitely A, overstating revenues is classic.
upvoted 0 times
...
Ashton
5 months ago
Wait, is this really how people do it? Sounds sketchy!
upvoted 0 times
...
Carissa
5 months ago
I disagree, C could also fit that description.
upvoted 0 times
...
Nikita
5 months ago
I recall a practice question that was similar, and it focused on how businesses manipulate their books. A seems to be the right choice, but I’m still a bit unsure.
upvoted 0 times
...
Tu
5 months ago
I feel like overstating revenues is definitely the most straightforward method. It seems to fit the question best.
upvoted 0 times
...
Merissa
5 months ago
I'm not entirely sure, but I remember something about recording but not depositing revenue being a tactic too. Maybe it's C?
upvoted 0 times
...
Yaeko
6 months ago
I think the answer might be A, overstating revenues. We talked about that in class as a common method for money laundering.
upvoted 0 times
...
Toshia
6 months ago
Okay, I think I've got it. The key is that the question is asking about a method of disguising illegal income, so A seems like the best answer.
upvoted 0 times
...
Vincent
6 months ago
I'm a bit confused by the wording of the question. I'll have to re-read it a few times to make sure I understand.
upvoted 0 times
...
Sang
6 months ago
Overstating revenues sounds like the most likely method of disguising illegal income. I'll go with A.
upvoted 0 times
...
Dannette
6 months ago
Hmm, I'm not sure about this one. I'll have to think it through carefully before answering.
upvoted 0 times
...
Brock
7 months ago
This question seems straightforward - I think the answer is A, overstating revenues.
upvoted 0 times
...
Boris
8 months ago
C) Recording but not depositing rBorisnue is also a method used to hide illegal money, as it creates a paper trail without actually depositing the funds.
upvoted 0 times
...
Lorrie
8 months ago
A) Overstating revenues can make it seem like the business is making more money than it actually is, which can help disguise illegal funds.
upvoted 0 times
...
Celestina
8 months ago
D) None of the above
upvoted 0 times
...
Rosann
8 months ago
None of the above? Well, I guess that's the only correct answer if you want to keep your money and your freedom.
upvoted 0 times
...
Lavonna
9 months ago
Recording but not depositing revenue? Hmm, I bet the bank tellers would get a kick out of that one.
upvoted 0 times
Bette
7 months ago
B) Reporting real estate purchases
upvoted 0 times
...
Valentine
7 months ago
A) Overstating revenues
upvoted 0 times
...
...
Tesha
9 months ago
Reporting real estate purchases? Really? That's like trying to cover up a bank robbery by buying a mansion.
upvoted 0 times
Tandra
7 months ago
C) Recording but not depositing revenue
upvoted 0 times
...
Shay
8 months ago
B) Reporting real estate purchases
upvoted 0 times
...
Marva
8 months ago
A) Overstating revenues
upvoted 0 times
...
...
Freida
9 months ago
C) Recording but not depositing revenue
upvoted 0 times
...
Adelina
9 months ago
A) Overstating revenues
upvoted 0 times
...
Anissa
9 months ago
Overstating revenues? That's so obvious, it's like trying to hide an elephant in a room full of mice.
upvoted 0 times
Celeste
8 months ago
C) Recording but not depositing revenue
upvoted 0 times
...
Tesha
9 months ago
A) Overstating revenues
upvoted 0 times
...
...

Save Cancel