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ACFE CFE Exam - Topic 5 Question 50 Discussion

Actual exam question for ACFE's CFE exam

Question #: 50
Topic #: 5

[All CFE Questions]

Which of the following is NOT the type of billing scheme?

AInvoicing via shell companies

BInvoicing via non-accomplice companies

CInvoicing via accomplice companies

DPersonal purchases with company funds

Show Suggested Answer

Suggested Answer: C

by Gail at Apr 14, 2024, 03:56 AM

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Louisa

8 months ago

I thought personal purchases could be a scheme too!

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Haydee

8 months ago

Non-accomplice companies aren't usually involved in schemes.

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Melissia

8 months ago

Wait, is D really not a scheme? Sounds fishy.

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Aja

8 months ago

Totally agree, D seems off.

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Dorinda

9 months ago

Invoicing via shell companies is a common scheme.

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Alva

9 months ago

I'm really uncertain about this one. I remember discussing accomplice companies, but I can't differentiate them from non-accomplice ones right now.

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Serita

9 months ago

I practiced a similar question, and I think personal purchases with company funds could be considered a different type of fraud altogether.

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Salome

9 months ago

I feel like invoicing via non-accomplice companies might be the odd one out, but I can't recall the specifics.

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Paulina

9 months ago

I think I remember that invoicing via shell companies is a common scheme, but I'm not sure about the others.

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Julio

9 months ago

I think the key here is to focus on the word "NOT" in the question. That means we need to identify the option that is not a type of billing scheme. Based on the choices, D seems to be the odd one out, so that's my best guess.

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Ruby

9 months ago

I'm a bit confused by the wording of the question. Are they asking which one is not a type of billing scheme, or which one is the type of billing scheme? I need to re-read this a few times to make sure I'm interpreting it correctly.

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Veronika

9 months ago

Okay, let's see here. A, B, and C all seem to be different ways of invoicing, but D stands out as something different. I'm leaning towards D as the answer, but I want to double-check my understanding.

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Henriette

10 months ago

Hmm, I'm not sure about this one. The options all seem to be related to different types of billing, but I'm not familiar with the specific terminology. I'll have to think this through carefully.

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Goldie

10 months ago

This one seems pretty straightforward. I'm pretty confident the answer is D - personal purchases with company funds, since that's not really a billing scheme.

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Selene

10 months ago

Hmm, this seems like a tricky one. I'll need to carefully review the options and think through the implications of each migration method.

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Maile

10 months ago

Based on my experience with MetroCluster configurations, a deactivated AUSO feature is usually due to a configuration issue, so I'm leaning towards D as the correct answer here.

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Kimi

10 months ago

I'm a bit unsure about this one. Is it something to do with the entity, domain, and tuple? I'll have to review my notes to be sure.

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Emilio

2 years ago

So it seems like most of us agree that D) Personal purchases with company funds is the correct answer for this question.

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Alline

2 years ago

I see what you mean, David. The other options involve invoicing schemes, while personal purchases with company funds is a different type of fraud.

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Cordelia

2 years ago

I believe the correct answer is actually B) Invoicing via non-accomplice companies, because the question asks for the NOT type of billing scheme.

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Alita

2 years ago

I'm not sure, I think it could also be B) Invoicing via non-accomplice companies.

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Arlette

2 years ago

I agree with personal purchases with company funds is not a type of billing scheme.

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James

2 years ago

I think the answer is D) Personal purchases with company funds.

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Ryan

2 years ago

True, invoicing via shell companies is a common form of illegal billing schemes too.

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Odelia

2 years ago

But what about A, invoicing via shell companies? That also seems suspicious.

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Willard

2 years ago

I agree, personal purchases with company funds seem different from the other options.

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Francis

2 years ago

I think D is not the type of billing scheme.

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Vilma

2 years ago

You know, I heard that the exam committee is actually a front for a secret money laundering operation. So maybe they're trying to see who's in the know.

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Artie

2 years ago

Wait, are we supposed to be finding the right answer or the wrong answer? I'm so confused. Maybe I should just start my own shell company and invoice the exam company.

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Queenie

2 years ago

Right, the correct answer is D.

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Lottie

2 years ago

So, it must be personal purchases with company funds.

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Candida

2 years ago

We need to find the type of billing scheme that is NOT correct.

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Tricia

2 years ago

I'm pretty sure the correct answer is A - invoicing via shell companies. That's like the holy grail of shady billing practices. The other options are just amateurs trying to keep up.

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Misty

2 years ago

Okay, let's think this through. Invoicing via non-accomplice companies sounds legit, but invoicing via accomplice companies? That's got to be the answer, right? I mean, who needs accomplices when you can just do it all yourself?

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Mirta

2 years ago

Hmm, I'm not sure about this one. Isn't personal purchases with company funds just called 'Tuesday' for some people?

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Gregoria

2 years ago

This is a tricky question. I mean, who doesn't love a good ol' shell company for their invoicing needs? It's like the corporate version of a secret spy lair.

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