ACFE Exam CFE Topic 4 Question 39 Discussion

Actual exam question for ACFE's CFE exam

Question #: 39
Topic #: 4

[All CFE Questions]

By what accountant means that the financial figures presented by the company are at least as much as reflected in the statements, if not more.

AFraudulent statement

BMisappropriations

CConservatism

DMatching

Show Suggested Answer

Suggested Answer: A

by Nobuko at Aug 05, 2023, 11:15 PM

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12 days ago

Haha, 'Fraudulent statement'? Really? That's just asking to get arrested! I'm going with C. Conservatism.

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16 days ago

I think the answer is C. Conservatism. It's all about playing it safe and not overstating the financial figures.

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19 days ago

I'm not sure, but I think D) Matching could also be a valid answer.

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21 days ago

I agree with Melvin, conservatism is about being cautious with financial figures.

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24 days ago

I think the answer is C) Conservatism.

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