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ACFE CFE Exam - Topic 3 Question 73 Discussion

Posted by Lisha on Feb 12, 2025 at 06:06 PM

Which of the following search is used for unusually high incidence of returns and allowances scheme?

Suggested Answer: B

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29 comments · newest first
TH
Theron 11 months ago
None of the above? Really? That’s surprising!
AN
Anglea 11 months ago
A is also a possibility, but I lean towards C.
FR
France 11 months ago
Wait, are we sure about that? Seems too obvious.
JA
James 12 months ago
Totally agree with C! Makes the most sense.
TE
Tenesha 12 months ago
I think it's definitely C. Returns and allowances are key.
LO
Lorrie 12 months ago
I feel like "None of the above" could be a trick option, but I don't see how it applies here. I guess I’ll stick with C for now.
TE
Tennie 1 year ago
I'm a bit confused. "Disposals of allowances than reorders" sounds off to me, but I can't recall why.
AN
Andra 1 year ago
I remember practicing a question similar to this, and I think it was about vendor allowances. Maybe A is the right choice?
PH
Phuong 1 year ago
I think the answer might be C, "Returns and allowances," but I'm not entirely sure. It seems to fit the question best.
TA
Tabetha 1 year ago
Returns and allowances, that's got to be it. This is a classic auditing question, and I've seen these types of issues come up before. I'm feeling confident about this one.
TA
Tammi 1 year ago
Okay, let me think this through step-by-step. I need to identify the search that is specifically used for tracking unusually high incidence of returns and allowances. I think option C is the best fit, but I'll double-check the other choices just to be sure.
CE
Cecilia 1 year ago
Hmm, I'm a bit unsure about this one. The options seem similar, and I want to make sure I understand the differences between them before selecting an answer.
GE
Gearldine 1 year ago
This seems like a straightforward question about identifying the type of search used for monitoring returns and allowances. I'm pretty confident I can figure this out.
MA
Margot 1 year ago
Ah, the joys of accounting exams. I'm just hoping I can find the nearest coffee shop after this one.
PE
Pedro 1 year ago
↳ replying to Margot
I'm not sure, but I think it might be B) Disposals of allowances than reorders.
CH
Cherilyn 1 year ago
↳ replying to Margot
I'm pretty sure it's A) Allowances by vendors.
AS
Asha 1 year ago
↳ replying to Margot
I think the answer is C) Returns and allowances.
WI
Wilford 2 years ago
Looks like we need to brush up on our accounting terminology. I'm going with C as well.
AH
Ahmad 1 year ago
↳ replying to Wilford
C) Returns and allowances seems to be the right choice.
SH
Shelba 1 year ago
↳ replying to Wilford
Returns and allowances is the correct answer.
VE
Venita 1 year ago
↳ replying to Wilford
I agree, let's go with C) Returns and allowances.
GA
Gail 1 year ago
↳ replying to Wilford
I think the answer is C) Returns and allowances.
TY
Ty 2 years ago
Hmm, I was leaning towards D, but you make a good point. C seems like the most relevant choice here.
BE
Bette 2 years ago
I'm not sure, but I think A) Allowances by vendors could also be a possible answer.
AN
Antonio 2 years ago
I think option C is the correct answer. Returns and allowances is the term used for the unusually high incidence of customer returns and vendor allowances.
PH
Phyliss 1 year ago
↳ replying to Antonio
User 2
SA
Salome 1 year ago
↳ replying to Antonio
User 1
JA
Jarod 2 years ago
I agree with Hannah, returns and allowances seem to be the most relevant search.
HA
Hannah 2 years ago
I think the answer is C) Returns and allowances.
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