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ACFE CFE Exam - Topic 3 Question 73 Discussion

Actual exam question for ACFE's CFE exam
Question #: 73
Topic #: 3
[All CFE Questions]

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

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Suggested Answer: B

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

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Theron
3 months ago
None of the above? Really? That’s surprising!
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Anglea
3 months ago
A is also a possibility, but I lean towards C.
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France
4 months ago
Wait, are we sure about that? Seems too obvious.
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James
4 months ago
Totally agree with C! Makes the most sense.
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Tenesha
4 months ago
I think it's definitely C. Returns and allowances are key.
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Lorrie
4 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.
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Tennie
5 months ago
I'm a bit confused. "Disposals of allowances than reorders" sounds off to me, but I can't recall why.
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Andra
5 months ago
I remember practicing a question similar to this, and I think it was about vendor allowances. Maybe A is the right choice?
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Phuong
5 months ago
I think the answer might be C, "Returns and allowances," but I'm not entirely sure. It seems to fit the question best.
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Tabetha
5 months 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.
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Tammi
5 months 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.
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Cecilia
5 months 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.
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Gearldine
5 months 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.
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Margot
10 months ago
Ah, the joys of accounting exams. I'm just hoping I can find the nearest coffee shop after this one.
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Pedro
9 months ago
I'm not sure, but I think it might be B) Disposals of allowances than reorders.
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Cherilyn
9 months ago
I'm pretty sure it's A) Allowances by vendors.
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Asha
9 months ago
I think the answer is C) Returns and allowances.
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Wilford
11 months ago
Looks like we need to brush up on our accounting terminology. I'm going with C as well.
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Ahmad
9 months ago
C) Returns and allowances seems to be the right choice.
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Shelba
9 months ago
Returns and allowances is the correct answer.
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Venita
10 months ago
I agree, let's go with C) Returns and allowances.
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Gail
10 months ago
I think the answer is C) Returns and allowances.
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Ty
11 months ago
Hmm, I was leaning towards D, but you make a good point. C seems like the most relevant choice here.
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Bette
11 months ago
I'm not sure, but I think A) Allowances by vendors could also be a possible answer.
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Antonio
11 months 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.
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Phyliss
10 months ago
User 2
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Salome
10 months ago
User 1
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Jarod
11 months ago
I agree with Hannah, returns and allowances seem to be the most relevant search.
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Hannah
11 months ago
I think the answer is C) Returns and allowances.
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