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ACFE CFE Exam - Topic 3 Question 73 Discussion

Which of the following search is used for unusually high incidence of returns and allowances scheme?
B) Disposals of allowances than reorders
A) Allowances by vendors
C) Returns and allowances
D) None of the above

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
8 months ago
None of the above? Really? That’s surprising!
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Anglea
8 months ago
A is also a possibility, but I lean towards C.
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France
8 months ago
Wait, are we sure about that? Seems too obvious.
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James
8 months ago
Totally agree with C! Makes the most sense.
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Tenesha
9 months ago
I think it's definitely C. Returns and allowances are key.
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Lorrie
9 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
9 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
9 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
9 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
9 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
9 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
9 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
10 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
1 year 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
1 year ago
I'm not sure, but I think it might be B) Disposals of allowances than reorders.
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Cherilyn
1 year ago
I'm pretty sure it's A) Allowances by vendors.
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Asha
1 year ago
I think the answer is C) Returns and allowances.
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Wilford
1 year ago
Looks like we need to brush up on our accounting terminology. I'm going with C as well.
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Ahmad
1 year ago
C) Returns and allowances seems to be the right choice.
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Shelba
1 year ago
Returns and allowances is the correct answer.
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Venita
1 year ago
I agree, let's go with C) Returns and allowances.
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Gail
1 year ago
I think the answer is C) Returns and allowances.
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Ty
1 year 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
1 year ago
I'm not sure, but I think A) Allowances by vendors could also be a possible answer.
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Antonio
1 year 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
1 year ago
User 2
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Salome
1 year ago
User 1
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Jarod
1 year ago
I agree with Hannah, returns and allowances seem to be the most relevant search.
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Hannah
1 year ago
I think the answer is C) Returns and allowances.
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