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ACFE CFE Exam - Topic 2 Question 94 Discussion

Accounting records are designed to be kept on subjective rather than objective evidence.
B) False
A) True

ACFE CFE Exam - Topic 2 Question 94 Discussion

Actual exam question for ACFE's CFE exam
Question #: 94
Topic #: 2
[All CFE Questions]

Accounting records are designed to be kept on subjective rather than objective evidence.

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Suggested Answer: B

by Julianna at Jun 18, 2026, 11:09 AM

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Avery
10 hours ago
I agree, subjective evidence can lead to errors.
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Beckie
6 days ago
Definitely false, records should be objective.
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India
11 days ago
I could be wrong, but I feel like subjective evidence could lead to inconsistencies, so I think it’s definitely B.
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Tyisha
16 days ago
This reminds me of a practice question we did on the importance of objective data in financial reporting. I’d go with B.
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Kerrie
21 days ago
I'm not entirely sure, but I remember something about subjective evidence being less reliable in accounting.
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Annelle
26 days ago
I think the answer is B) False because accounting relies on objective evidence like receipts and invoices.
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