ACFE Exam CFE Topic 3 Question 47 Discussion

Actual exam question for ACFE's CFE exam

Question #: 47
Topic #: 3

[All CFE Questions]

Assets that are long-lived and that differ from property, plant and equipment hat has been purchased outright or acquired under a capital lease are:

ATangible Assets

BIntangible Assets

CForced Assets

DNone of above

Show Suggested Answer

Suggested Answer: A

by Jennie at Feb 10, 2024, 05:20 PM

Limited Time Offer

25%

Off

Get Premium CFE Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Jutta

2 months ago

Intangible assets, huh? I wonder if that includes my collection of rare emojis. Wait, is that considered intellectual property? *scratches head*

upvoted 0 times

Lawanda

10 days ago

D) None of above

upvoted 0 times

...

Phillip

13 days ago

C) Forced Assets

upvoted 0 times

...

Dierdre

21 days ago

B) Intangible Assets

upvoted 0 times

...

Jeannetta

1 months ago

A) Tangible Assets

upvoted 0 times

...

Charlene

2 months ago

D) None of the above? Really? That's like the exam equivalent of a cop-out answer. I'm sticking with B, it's gotta be the right one.

upvoted 0 times

...

Josue

2 months ago

Ah, good old intangible assets. Always a classic on these exams. I'm going with B, just because it sounds the most technical.

upvoted 0 times

Regenia

11 days ago

Yeah, I'll go with B as well. It seems like the best choice.

upvoted 0 times

...

Lonna

15 days ago

I'm going with B too, it does sound technical.

upvoted 0 times

...

Shantell

1 months ago

I think tangible assets are more straightforward.

upvoted 0 times

...

Johnetta

2 months ago

I agree, intangible assets can be tricky to understand.

upvoted 0 times

...

Emiko

2 months ago

Hmm, this one's tricky. I think B) Intangible Assets is the correct answer, but I'm not 100% sure.

upvoted 0 times

Ines

1 months ago

I'm not sure about that, I think A) Tangible Assets might be the right choice.

upvoted 0 times

...

Janna

1 months ago

I agree, I think B) Intangible Assets is the correct answer.

upvoted 0 times

...

Nu

1 months ago

I'm not sure about that, I think A) Tangible Assets might be the correct answer.

upvoted 0 times

...

Felicidad

2 months ago

I agree, I think B) Intangible Assets is the correct answer.

upvoted 0 times

...

Ashlyn

2 months ago

But tangible assets are physical assets like buildings and machinery, while intangible assets are things like patents and trademarks.

upvoted 0 times

...

Caitlin

2 months ago

I disagree, I believe the answer is B) Intangible Assets.

upvoted 0 times

...

Ashlyn

2 months ago

I think the answer is A) Tangible Assets.

upvoted 0 times

...