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SOFE SOFA-CFE Exam - Topic 9 Question 12 Discussion

Actual exam question for SOFE's SOFA-CFE exam
Question #: 12
Topic #: 9
[All SOFA-CFE Questions]

Which of eth following is NOT the common method for concealing liabilities and expenses?

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Suggested Answer: D

by Blondell at May 04, 2022, 12:18 PM

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Verda
4 months ago
C is also a sneaky way to hide stuff, but A is more common.
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Hillary
4 months ago
I thought capitalized expenses were legit, not a concealment tactic.
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Garry
4 months ago
Wait, are we really saying management fraud is a method?
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Nohemi
4 months ago
I think D is the most obvious one here.
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Malinda
4 months ago
A is definitely a common method.
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Sylvie
5 months ago
I’m a bit confused about warranty costs; are they typically disclosed? I can’t recall if that’s a method for concealing expenses.
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Royce
5 months ago
I practiced a question similar to this, and I think omissions are definitely a common method.
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Rozella
5 months ago
I feel like management fraud is more about manipulating financial statements rather than concealing liabilities directly.
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Mila
5 months ago
I think I remember that capitalizing expenses is a common method, but I'm not sure if it's the only one.
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Dexter
5 months ago
Okay, let me see here. The 'managing a stage boundary' process is used to transition between project stages, so it makes sense that it would be near the end of each stage. I'll go with option C.
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Julio
5 months ago
The key here is that the existing site was built using tables, which is an outdated approach. Switching to HTML5 and CSS will allow for better structure, accessibility, and responsiveness across devices. I'd go with option C.
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Ashton
5 months ago
I've got a good strategy - I'll read through the options, eliminate the ones that don't apply, and select all the correct conditions.
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