ACFE Exam CFE Topic 1 Question 76 Discussion

Actual exam question for ACFE's CFE exam

Question #: 76
Topic #: 1

[All CFE Questions]

__________ are the amounts which are owned to other entities:

ASupplies

BExpenses

CAssets

DLiabilities

Show Suggested Answer

Suggested Answer: D

by Abel at Apr 05, 2025, 04:29 AM

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8 days ago

But what about C) Assets? Aren't those also amounts owned by a company?

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9 days ago

Liabilities, for sure! Ain't no way I'm picking 'Supplies' or 'Expenses' - those are just things we use up, not what we owe. Simple as that!

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11 days ago

I agree with Renea, liabilities are amounts owed to other entities.

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16 days ago

I think the answer is D) Liabilities.

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17 days ago

Ooh, this one's a toughie! Let's see, I'm gonna have to go with D) Liabilities. Gotta pay up what we owe, right?

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