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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?

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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Theron

6 months ago

None of the above? Really? That’s surprising!

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Anglea

6 months ago

A is also a possibility, but I lean towards C.

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France

7 months ago

Wait, are we sure about that? Seems too obvious.

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James

7 months ago

Totally agree with C! Makes the most sense.

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Tenesha

7 months ago

I think it's definitely C. Returns and allowances are key.

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Lorrie

7 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

8 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

8 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

8 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

8 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

8 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

8 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

8 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

12 months ago

I'm not sure, but I think it might be B) Disposals of allowances than reorders.

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Cherilyn

12 months 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

12 months 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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