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ACFE CFE Exam - Topic 2 Question 84 Discussion

Actual exam question for ACFE's CFE exam
Question #: 84
Topic #: 2
[All CFE Questions]

A journal in which all sales made on credit or cash are listed is:

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Suggested Answer: B

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Angelica
16 days ago
I feel unsure about this one.
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Amber
22 days ago
I think it's B) Accounts receivable journal.
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Matilda
27 days ago
Totally agree, General journal makes the most sense!
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Tatum
1 month ago
Wait, are we sure it's not the Accounts payable journal?
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Izetta
1 month ago
No way, it's the Disbursement journal!
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Maryln
1 month ago
C) Accounts payable journal? Sounds like a journal for my unpaid bills. No, thank you!
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Destiny
2 months ago
A) Disbursement journal? More like the "Disburse-my-brain" journal, am I right?
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Lorean
2 months ago
D) General journal is the way to go. It's the one-stop-shop for all your accounting needs!
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Lucina
2 months ago
B) Accounts receivable journal is the correct answer. This is where all credit and cash sales are recorded.
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Garry
2 months ago
I thought the general journal was for all types of transactions, but now I'm confused about how that differs from the accounts receivable journal.
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Ashanti
2 months ago
I feel like the disbursement journal is related to cash transactions, but I can't recall if it includes credit sales too.
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Dorothy
2 months ago
I thought it was the Accounts receivable journal.
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Margo
3 months ago
I remember practicing a question like this, and I think the accounts receivable journal is specifically for credit sales.
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Louann
3 months ago
B) Accounts receivable journal is the way to go. It's like a VIP list for your sales transactions.
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Vincent
3 months ago
It's definitely the General journal!
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Arthur
3 months ago
I think it's the general journal, but I'm not entirely sure. We covered different types of journals in class.
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Helaine
4 months ago
Hmm, I'm a bit stuck on this one. I know there are different journals, but I'm not sure I can remember which one is specifically for recording all sales. I'll have to review my notes and try to reason through the options.
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Maryln
4 months ago
I'm pretty confident the answer is B) Accounts receivable journal. That's the journal where you record all sales, whether they're on credit or for cash. The other options don't seem to fit the description given in the question.
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Gwenn
4 months ago
Okay, I've got this. The accounts receivable journal is where you record all sales made on credit. The general journal is for miscellaneous transactions. So the answer must be B) Accounts receivable journal.
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Fanny
4 months ago
Hmm, I'm a little unsure about this one. I know there are different journals, but I'm not totally clear on the differences between them. I'll have to think this through carefully.
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Bettyann
4 months ago
I think this is asking about the different types of journals used in accounting. The key is to identify which one is used to record all sales, both credit and cash.
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Ayesha
3 months ago
I believe it's the General journal.
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