ACFE Exam CFE 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?

AAllowances by vendors

BDisposals of allowances than reorders

CReturns and allowances

DNone of the above

Show Suggested Answer

Suggested Answer: B

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

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Margot

3 days 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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Wilford

12 days ago

Looks like we need to brush up on our accounting terminology. I'm going with C as well.

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Ty

15 days 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

20 days ago

I'm not sure, but I think A) Allowances by vendors could also be a possible answer.

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Antonio

20 days 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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Jarod

24 days ago

I agree with Hannah, returns and allowances seem to be the most relevant search.

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Hannah

1 months ago

I think the answer is C) Returns and allowances.

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