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ACFE Exam CFE Topic 4 Question 72 Discussion

Actual exam question for ACFE's CFE exam
Question #: 72
Topic #: 4
[All CFE Questions]

Skimming is:

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Suggested Answer: C

by Galen at Jan 24, 2025, 10:40 AM

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Daniela
2 months ago
Skimming, shmimming - I prefer to keep my hands clean and my ledgers balanced. Option D all the way!
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Abel
2 months ago
D) None of the above? More like 'None of the above board' when it comes to these shady practices.
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Antonio
11 days ago
D) None of the above? More like 'None of the above board' when it comes to these shady practices.
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Remona
19 days ago
C) The removal of cash from a victim entity after its entry in an accounting system.
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Herminia
1 months ago
A) The removal of cash from a victim entity prior to its entry in an accounting system.
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Dalene
2 months ago
I think the answer is A, because skimming involves stealing cash before it's accounted for.
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Bernadine
2 months ago
Ah, the classic 'cash disappearance act' - a magician's dream, but definitely not an accountant's.
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Paola
1 months ago
C) The removal of cash from a victim entity after its entry in an accounting system.
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Cecilia
1 months ago
A) The removal of cash from a victim entity prior to its entry in an accounting system.
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Alayna
2 months ago
D) None of above
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Shanda
2 months ago
C) The removal of cash from a victim entity after its entry in an accounting system.
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Zoila
2 months ago
A) The removal of cash from a victim entity prior to its entry in an accounting system.
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Becky
2 months ago
Skimming? More like 'skim milk' - the less you take, the better for your waistline and your conscience!
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Deandrea
3 months ago
I agree with Jarod, skimming is about taking cash before it's recorded.
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Jarod
3 months ago
Skimming is the removal of cash from a victim entity prior to its entry in an accounting system.
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