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ACFE Exam CFE Topic 4 Question 53 Discussion

Actual exam question for ACFE's CFE exam
Question #: 53
Topic #: 4
[All CFE Questions]

''Anticipate possible losses and omit potential profits'', this results in:

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Suggested Answer: D

by Arlen at May 09, 2024, 08:06 AM

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Ettie
3 hours ago
Symmetrical accounting? Sounds like they want everything to be perfectly balanced, like all things should be.
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Virgina
15 days ago
Bearing accounting? Is that like when you have to bear the burden of the company's financial woes? Yikes, no thanks!
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Dorothy
19 days ago
Hmm, 'playing accounting'? Sounds like a game I can get behind. Where do I sign up?
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Lonny
26 days ago
I'm pretty sure this is about asymmetrical accounting. The question description seems to fit that option.
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Louann
7 days ago
Yeah, I agree. Anticipating losses and omitting potential profits is definitely asymmetrical accounting.
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Junita
8 days ago
I think you're right, it does sound like asymmetrical accounting.
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Doyle
28 days ago
I'm not sure, but I think it might be B) Symmetrical accounting because it balances potential losses and profits.
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Javier
1 months ago
I disagree, I believe it is D) Bearing accounting because it involves taking risks.
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Francine
1 months ago
I think the answer is A) Asymmetrical accounting.
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