Discuss ACFE CFE Exam Topic 2 Question 95

Which of the following are used in a short term skimming scheme?

AUnrecorded sales, understated sales and theft of incoming checks

BUnrecorded sales, understated sales and dual endorsements

CFalse company accounts, understated sales and theft of incoming checks

DUnderstated sales, theft of incoming checks and check-for-currency substitutions

Suggested Answer: A

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23 comments · newest first

Freida 3 days ago

Definitely A. It fits the short-term scheme idea.

Arlie 8 days ago

I feel like B is too specific. A covers more ground.

Mee 13 days ago

D is interesting, but I lean towards A.

Larue 18 days ago

C sounds plausible too. False accounts can hide theft.

Youlanda 24 days ago

I agree, A makes sense. Unrecorded sales are sneaky.

Candida 29 days ago

I think it's A. Those are common tactics.

Dulce 1 month ago

A seems the most straightforward.

Talia 1 month ago

D is risky but could work. Still, A feels safer.

Brendan 1 month ago

Definitely A. It fits the short-term scheme idea.

Dick 2 months ago

I feel like B is too specific. A covers more ground.

Craig 2 months ago

D is interesting, but I lean towards A.

Brett 2 months ago

C sounds plausible too. False accounts can hide theft.

Danica 2 months ago

I agree, A makes sense. Unrecorded sales are sneaky.

Sheron 2 months ago

I think it's A. Those are common tactics.

Dante 3 months ago

D makes sense, but I feel like it’s a stretch.

Leigha 3 months ago

C is just misleading, false accounts aren't short-term.

Johana 3 months ago

Wait, dual endorsements? That sounds off.

Donette 3 months ago

I think B could fit too, but not as much.

Crista 3 months ago

Definitely A, those are classic signs.

Mary 3 months ago

I keep mixing up the terms, but I think theft of incoming checks is definitely a key element in these schemes, so maybe option D?

Brett 4 months ago

I feel like we had a practice question that mentioned dual endorsements, which makes me lean towards option B, but I can't recall the details.

Dallas 4 months ago

I'm not entirely sure, but I remember something about understated sales being a common tactic in skimming schemes.

Hermila 4 months ago

I think option A sounds familiar, especially the part about theft of incoming checks. We discussed that in class.

ACFE CFE Exam - Topic 2 Question 95 Discussion