ACFE CFE Exam - Topic 2 Question 13 Discussion

Actual exam question for ACFE's CFE exam

Question #: 13
Topic #: 2

[All CFE Questions]

The forms that allow noncash assets to be moved from one location in a company to another can be used to facilitate the misappropriation of those assets are called:

AInventory usages

BFake sales

CAsset requisition

DAll of the above

Show Suggested Answer

Suggested Answer: C

by Francine at May 06, 2022, 03:08 PM

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Justine

4 months ago

I don't think all of them are equally risky, just asset requisition.

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Providencia

4 months ago

I thought inventory usages were just for tracking, not misappropriation.

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Vince

5 months ago

Wait, can fake sales really be a thing? Sounds sketchy.

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Willow

5 months ago

Totally agree, all of these can be exploited!

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Isaiah

5 months ago

Asset requisition forms can definitely be misused.

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Lashawna

5 months ago

Hmm, this looks like a tricky one. I'll need to think carefully about which fields are grouped by default.

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Amira

5 months ago

Okay, let's see. I know views are virtual tables, but I'm not sure about the specifics on how they're created and deleted. I'll have to think this through.

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