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ACFE CFE Exam - Topic 3 Question 93 Discussion

A __________ is a day-by-day, or chronological, record of transactions
B) Journal
A) Asset
C) Checkbook
D) Ledger

ACFE CFE Exam - Topic 3 Question 93 Discussion

Actual exam question for ACFE's CFE exam
Question #: 93
Topic #: 3
[All CFE Questions]

A __________ is a day-by-day, or chronological, record of transactions

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Suggested Answer: B

by Malcolm at May 28, 2026, 11:22 AM

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Tasia
10 hours ago
I thought it was D) Ledger. Aren't they similar?
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Rosendo
6 days ago
Definitely B) Journal! That's the right term.
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Afton
11 days ago
I’m leaning towards B) Journal too. It just makes sense for day-to-day transactions, but I hope I’m not mixing it up with checkbooks!
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Inocencia
16 days ago
I’m a bit uncertain here. Could it also be D) Ledger? I know ledgers are used for accounts, but I’m not clear on the chronological part.
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Yvonne
21 days ago
I feel like I’ve seen a similar question before, and I think a journal is definitely the right term for a chronological record.
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Flo
26 days ago
I think the answer might be B) Journal, but I'm not entirely sure. I remember something about journals being used for recording transactions.
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