ACFE Exam CFE Topic 2 Question 62 Discussion

Actual exam question for ACFE's CFE exam

Question #: 62
Topic #: 2

[All CFE Questions]

Which counts sometimes can give rise to inventory theft detection?

APerpetual inventory counts

BPhysical inventory counts

CConcealment inventory counts

DNone of the above

Show Suggested Answer

Suggested Answer: D

by Tawna at Sep 12, 2024, 11:36 PM

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12 hours ago

Concealment inventory counts? Sounds like a trick question to me. I'm going with option B for sure.

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11 days ago

Physical inventory counts are the way to go. Helps you spot any missing items and catch those sneaky thieves red-handed.

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13 days ago

I believe B) Physical inventory counts are also important for detecting theft, as they provide a physical check of the inventory.

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14 days ago

I agree with Alishia, perpetual counts are more accurate and can catch discrepancies.

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16 days ago

I think A) Perpetual inventory counts can help detect theft.

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18 days ago

Perpetual inventory counts can definitely detect theft! Gotta keep a close eye on those shelves, am I right?

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