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ACFE CFE Exam - Topic 2 Question 13 Discussion

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:
C) Asset requisition
A) Inventory usages
B) Fake sales
D) All of the above

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:

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Suggested Answer: C

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

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Justine
10 months ago
I don't think all of them are equally risky, just asset requisition.
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Providencia
10 months ago
I thought inventory usages were just for tracking, not misappropriation.
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Vince
11 months ago
Wait, can fake sales really be a thing? Sounds sketchy.
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Willow
11 months ago
Totally agree, all of these can be exploited!
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Isaiah
11 months ago
Asset requisition forms can definitely be misused.
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Lashawna
11 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
11 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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