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

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3 days ago

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

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7 days ago

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

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9 days ago

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

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13 days ago

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

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14 days ago

I think the answer is A) Tangible Assets.

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