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ACFE CFE Exam - Topic 3 Question 23 Discussion

Posted by Alecia on Aug 23, 2022 at 11:06 AM

Persuasive evidence of an arrangement does not exist when:

Suggested Answer: B

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14 comments · newest first
CH
Chana 12 months ago
D seems a bit off, how can capitalized expenses not meet satisfaction?
SC
Scarlet 12 months ago
Totally agree with B, without an agreement, it's just speculation.
DA
Danilo 12 months ago
Wait, are we sure about C? Timings can be tricky.
ME
Melissia 1 year ago
I think A is also a big factor, they should match!
MY
Myra 1 year ago
B is definitely true, no agreement means no arrangement.
DY
Dyan 1 year ago
Option C seems a bit vague to me. I don't recall timings being a major factor in proving arrangements, but I could be wrong.
ER
Erick 1 year ago
I feel like I've seen a question similar to this before, and it was about written agreements being crucial. So, I might lean towards B as well.
LA
Layla 1 year ago
I'm not entirely sure, but I remember something about matching revenue and expenses being important. Could that relate to option A?
TH
Thora 1 year ago
I think option B makes the most sense since without any agreement, how can there be evidence of an arrangement?
EL
Elin 1 year ago
I think the purpose of a secondary control is to partially reduce the residual risk level when a key control doesn't work effectively. That's what option B says, and it makes the most sense to me.
AL
Alpha 1 year ago
I feel confident about this question. Mature processes likely lead to more efficient, predictable work environments, which should boost satisfaction.
MA
Margurite 1 year ago
This question seems straightforward, I'm pretty confident I know the answer.
HU
Huey 1 year ago
This seems like a pretty straightforward question. I'll focus on the key concepts of capacity and management priorities.
BO
Bobbye 1 year ago
Okay, I've got this. A quota is the maximum amount of a product that can be imported, so that's the answer. Easy peasy!
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