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ACFE CFE Exam - Topic 3 Question 46 Discussion

Actual exam question for ACFE's CFE exam
Question #: 46
Topic #: 3
[All CFE Questions]

Entering a sales total lower than the amount actually paid by the customer is called:

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Suggested Answer: D

by Caprice at Jan 29, 2024, 12:30 AM

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Staci
5 months ago
All of the above doesn't make sense here.
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Rebbeca
5 months ago
Wait, is that really a thing? Sounds sketchy.
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Sue
5 months ago
Agree, underrings is the term used!
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Douglass
6 months ago
I thought it was just a mistake in recording.
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Gail
6 months ago
It's definitely called underrings a sale.
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Jettie
6 months ago
I thought "internal sales audits" might be the answer, but now I'm second-guessing myself after reviewing the question again.
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Cassandra
6 months ago
I feel like "underrings a sale" is the right answer, but I also wonder if it could be related to the other options.
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Agustin
6 months ago
I remember we discussed something similar in class, but I can't recall if it was specifically about sales procedures or audits.
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Marylin
6 months ago
I think the term might be "underrings a sale," but I'm not completely sure. It sounds familiar from our last practice session.
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Veronika
6 months ago
Okay, let me break this down. Entering a lower sales total than the actual amount paid - that sounds like it would be considered "underringing" the sale. I'll go with A.
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Chau
7 months ago
Hmm, I'm not totally sure about this one. I'll have to think it through carefully before selecting an answer.
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Hermila
7 months ago
This one seems pretty straightforward. I'm pretty confident the answer is A - Underrings a sale.
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Cordelia
7 months ago
All of the options sound like they could potentially be correct. I'm going to have to really analyze the question to determine the best answer.
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Laquita
7 months ago
Hmm, this is a tricky one. I'll need to carefully read through the options and think about the best approach for worker nodes.
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Ira
7 months ago
I'm not totally confident, but I'm leaning towards A - the dental care kit itself. That seems to be the main unit that was purchased, even though it contains smaller packaged items.
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Felicitas
7 months ago
Hmm, I'm not entirely sure about this one. I'll have to think it through carefully. Maybe I can eliminate a couple of the options and then make an educated guess.
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Edwin
7 months ago
This question seems straightforward, but I want to double-check the details on the filing requirements and extensions.
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Charolette
7 months ago
I remember practicing with a similar question, and I think the tool helps in identifying root causes, which might link to option C.
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Lezlie
12 months ago
All of the above? More like 'all of the ways to get fired and end up in jail!'
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Jamal
10 months ago
C) Internal sales audits
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Glenn
10 months ago
B) Recording a sale procedure
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Lashawnda
11 months ago
A) Underrings a sale
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Edelmira
1 year ago
Recording a sale procedure? Sounds like a fancy way to say 'cooking the books'.
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Monte
10 months ago
D) All of the above
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Ashanti
11 months ago
C) Internal sales audits
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Laquanda
11 months ago
B) Recording a sale procedure
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Oneida
12 months ago
A) Underrings a sale
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Yuonne
1 year ago
D) All of the above makes sense to me, as internal sales audits can also catch underrings a sale.
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Dahlia
1 year ago
I think it's A) Underrings a sale because it involves entering a lower sales total.
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Jennie
1 year ago
I'm no accountant, but I'm pretty sure that's called 'creative accounting' in the real world.
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Lashunda
11 months ago
B) Recording a sale procedure
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Walton
11 months ago
A) Underrings a sale
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Emerson
12 months ago
B) Recording a sale procedure
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Victor
12 months ago
A) Underrings a sale
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William
1 year ago
A) Underrings a sale
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Tegan
1 year ago
I disagree, I think it's C) Internal sales audits because it involves checking for discrepancies.
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Jamal
1 year ago
Underrings a sale? More like undervaluing the customer's hard-earned cash!
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Lucy
11 months ago
D) All of the above
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Tequila
11 months ago
C) Internal sales audits
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Gracia
11 months ago
B) Recording a sale procedure
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Precious
1 year ago
A) Underrings a sale
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Lura
1 year ago
I think it's A too, because it makes sense to enter a lower total to avoid suspicion.
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Macy
1 year ago
A) Underrings a sale
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