ACFE Exam CFE-Financial-Transactions-and-Fraud-Schemes Topic 4 Question 102 Discussion

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

Question #: 102
Topic #: 4

[All CFE-Financial-Transactions-and-Fraud-Schemes Questions]

Most of the shell company schemes involve the purchase of goods rather than services.

ATrue

BFalse

Show Suggested Answer

Suggested Answer: B

by Dierdre at Oct 18, 2024, 06:39 AM

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Salena

3 months ago

I thought shell companies were just for hiding money, not buying stuff. This exam is getting too real for me!

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Cheryll

3 months ago

False, shell companies can be used to conceal the purchase of both goods and services.

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Ayesha

2 months ago

False, shell companies can be used to conceal the purchase of both goods and services.

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Adelle

2 months ago

B) False

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Alison

2 months ago

A) True

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Noah

3 months ago

True, shell companies are often used to hide the purchase of physical goods to avoid detection.

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Stefany

2 months ago

Exactly, it's a common tactic to use shell companies for purchasing physical goods.

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Paulene

2 months ago

True

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Beata

3 months ago

That's correct. Shell companies are commonly used to disguise the purchase of goods.

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Tamekia

3 months ago

A) True

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Odelia

4 months ago

But some schemes might involve services too, so it could be false.

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Kimberlie

4 months ago

I think that's true. Goods are easier to manipulate than services.

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Shawnna

4 months ago

Most shell company schemes involve the purchase of goods, right?

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