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ACFE CFE Exam - Topic 3 Question 37 Discussion

According to Marshall, ______ are probable future economic benefits obtained or controlled by a particular entity as a result of past transactions or events.
A) Assets
B) Liabilities
C) Credentials
D) None of above

ACFE CFE Exam - Topic 3 Question 37 Discussion

Actual exam question for ACFE's CFE exam
Question #: 37
Topic #: 3
[All CFE Questions]

According to Marshall, ______ are probable future economic benefits obtained or controlled by a particular entity as a result of past transactions or events.

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Suggested Answer: A

by Tarra at Jul 05, 2023, 03:37 PM

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Irma
6 months ago
Credentials? That's a new one for me!
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Carrol
7 months ago
Liabilities are the opposite, so it can't be B.
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Elvera
7 months ago
Wait, are we sure about that? Sounds too simple.
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Nobuko
7 months ago
I agree, it's all about assets.
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Kenia
7 months ago
Definitely A, assets are key!
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Linette
8 months ago
I’m leaning towards A as well, but I wonder if there’s a trick in the wording. Credentials doesn’t seem right, though.
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Lezlie
8 months ago
I recall a practice question that mentioned assets as well. It seems to fit the definition Marshall provided.
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Celestina
8 months ago
I'm not entirely sure, but I feel like liabilities could also be a possibility. They relate to past transactions too, right?
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Rory
8 months ago
I think the answer is A, assets. I remember studying that assets are linked to future economic benefits.
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Eladia
8 months ago
I'm a bit confused on this one. I know the SDX architecture allows for resource sharing, but I'm not sure of the exact details. Guess I'll have to make an educated guess.
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Valentin
8 months ago
Packet filtering seems like the most logical answer here, but I want to double-check the other options.
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Carmen
1 year ago
I hope the real exam questions aren't as confusing as this one. Maybe Marshall needs to work on his definitions a bit more. Or maybe I just need more coffee.
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Kenia
1 year ago
Haha, 'None of the above'? Nice try, but I doubt the exam writers would make it that easy. I'm going with A - Assets.
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Ashlyn
1 year ago
Credentials? Really? That's just silly. Marshall's definition is clearly about financial terms, not educational qualifications.
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Danilo
1 year ago
Hmm, I'm not so sure about that. Liabilities also seem like a plausible option here. I'll have to think this one through.
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Ruthann
11 months ago
Hmm, I see your point. It's a tough choice between assets and liabilities.
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Aleisha
11 months ago
Actually, liabilities could also be a possible answer.
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Scarlet
12 months ago
I agree, assets make sense in this context.
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Noelia
12 months ago
I think assets are the correct answer.
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Reed
1 year ago
Assets, of course! Marshall's definition is spot on. I'm confident this is the correct answer.
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Jettie
11 months ago
Yes, assets are resources controlled by the entity.
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Elouise
11 months ago
A) Assets
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Veta
11 months ago
Definitely assets, they represent future economic benefits.
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Selma
12 months ago
A) Assets
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Veda
12 months ago
Assets are key for a company's financial health.
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Madalyn
12 months ago
I agree, assets are resources controlled by a company.
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Lorrie
1 year ago
Definitely assets, they represent probable future economic benefits.
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Kate
1 year ago
Assets
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Benedict
1 year ago
B) Liabilities
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Eliz
1 year ago
I agree with Verda, assets are probable future economic benefits.
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Verda
1 year ago
A) Assets
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Crissy
1 year ago
B) Liabilities
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Daryl
1 year ago
I agree with Joesph, assets are probable future economic benefits.
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Joesph
1 year ago
A) Assets
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