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ACFE Exam CFE 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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Lezlie
2 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
11 days ago
C) Internal sales audits
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Glenn
14 days ago
B) Recording a sale procedure
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Lashawnda
18 days ago
A) Underrings a sale
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Edelmira
2 months ago
Recording a sale procedure? Sounds like a fancy way to say 'cooking the books'.
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Monte
11 days ago
D) All of the above
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Ashanti
20 days ago
C) Internal sales audits
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Laquanda
1 months ago
B) Recording a sale procedure
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Oneida
2 months ago
A) Underrings a sale
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Yuonne
2 months 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
2 months ago
I think it's A) Underrings a sale because it involves entering a lower sales total.
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Jennie
2 months ago
I'm no accountant, but I'm pretty sure that's called 'creative accounting' in the real world.
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Lashunda
1 months ago
B) Recording a sale procedure
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Walton
1 months ago
A) Underrings a sale
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Emerson
2 months ago
B) Recording a sale procedure
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Victor
2 months ago
A) Underrings a sale
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William
2 months ago
A) Underrings a sale
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Tegan
2 months ago
I disagree, I think it's C) Internal sales audits because it involves checking for discrepancies.
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Jamal
3 months ago
Underrings a sale? More like undervaluing the customer's hard-earned cash!
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Lucy
1 months ago
D) All of the above
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Tequila
1 months ago
C) Internal sales audits
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Gracia
1 months ago
B) Recording a sale procedure
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Precious
2 months ago
A) Underrings a sale
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Lura
3 months ago
I think it's A too, because it makes sense to enter a lower total to avoid suspicion.
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Macy
3 months ago
A) Underrings a sale
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