ACFE Exam CFE-Financial-Transactions-and-Fraud-Schemes Topic 10 Question 86 Discussion

Actual exam question for ACFE's CFE-Financial-Transactions-and-Fraud-Schemes exam

Question #: 86
Topic #: 10

What is sometimes used to overcome well-designed internal controls of a victim company?

AShell company

BFraudulent invoices

CCollusion

DRubber stamp supervisors

Show Suggested Answer

Suggested Answer: C

by Anjelica at Apr 30, 2024, 01:37 AM

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5 months ago

Makes sense. Internal controls rely on segregation of duties.

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6 months ago

Because it involves multiple people bypassing controls.

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6 months ago

Why collusion?

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6 months ago

I think the answer is collusion.

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6 months ago

I agree. Internal controls are tough to bypass.

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7 months ago

This question is tricky.

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