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

AAsset

BJournal

CCheckbook

DLedger

Show Suggested Answer

Suggested Answer: B

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

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Malcom

4 days ago

I feel confident about B) Journal. It’s straightforward.

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Michael

9 days ago

True, but a ledger summarizes, while a journal details.

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Dalene

15 days ago

I was torn between B) Journal and D) Ledger. Both seem similar.

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Rosio

20 days ago

Agreed, Alex. A journal records transactions chronologically.

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Naomi

25 days ago

I think the answer is B) Journal. It fits the definition.

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Tien

1 month ago

Totally agree with Rosendo, it's a journal for sure!

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Clare

1 month ago

Wait, is it really called a journal? Sounds off to me.

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Carlton

1 month ago

A journal records transactions in order, true!

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Tasia

2 months ago

I thought it was D) Ledger. Aren't they similar?

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Rosendo

2 months ago

Definitely B) Journal! That's the right term.

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Afton

2 months 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

2 months 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

2 months 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

2 months 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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