ACFE Exam CFE Topic 5 Question 68 Discussion

Actual exam question for ACFE's CFE exam

Question #: 68
Topic #: 5

[All CFE Questions]

People commit financial statement fraud to:

AConceal false business performances

BPreserve personal status/control

CMaintain personal income

DStand outside the accounting system

Show Suggested Answer

Suggested Answer: B

by Ashton at Oct 20, 2024, 07:27 PM

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17 days ago

I think maintaining personal income could also be a reason for committing financial statement fraud.

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18 days ago

I agree with Annabelle, some individuals may do it to preserve personal status/control.

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21 days ago

People commit financial statement fraud to conceal false business performances.

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