ACFE Exam CFE Topic 4 Question 43 Discussion

Actual exam question for ACFE's CFE exam

Question #: 43
Topic #: 4

[All CFE Questions]

____________ is a summary of the account balances carried in a ledger.

ABalance sheet

BIncome statement

CFinancial statement

DGeneral journal

Show Suggested Answer

Suggested Answer: B

by Rasheeda at Nov 22, 2023, 12:53 AM

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6 days ago

I think it's C) Financial statement, because it includes more than just the account balances.

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7 days ago

I agree with Andrew, the balance sheet summarizes the account balances.

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10 days ago

The answer is A) Balance sheet.

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