ACFE Exam CFE-Financial-Transactions-and-Fraud-Schemes Topic 9 Question 90 Discussion

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

Question #: 90
Topic #: 9

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

One reason employees might be hesitant to use PO boxes in shell company schemes is that some businesses are specially vary of sending checks to vendors that have street addresses only.

ATrue

BFalse

Show Suggested Answer

Suggested Answer: B

by Xochitl at Jun 22, 2024, 10:48 AM

Limited Time Offer

25%

Off

Get Premium CFE-Financial-Transactions-and-Fraud-Schemes Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Anglea

4 months ago

Haha, I bet the exam writers are just trying to catch us out with this one. B) False, obviously.

upvoted 0 times

Isidra

3 months ago

B) False

upvoted 0 times

...

Raina

4 months ago

A) True

upvoted 0 times

...

Martina

4 months ago

I disagree. B) False is the right answer. Businesses are more concerned about the legitimacy of the vendor, not the type of address.

upvoted 0 times

Alpha

3 months ago

Exactly, B) False is the correct answer. It's all about ensuring the vendor is legitimate.

upvoted 0 times

...

Antonette

3 months ago

I agree with B) False. Businesses are more concerned about the legitimacy of the vendor, not the type of address.

upvoted 0 times

...

Danilo

3 months ago

B) False

upvoted 0 times

...

Glenn

4 months ago

A) True

upvoted 0 times

...

Irene

4 months ago

I think the answer is True as well, because using PO boxes can add an extra layer of anonymity in shell company schemes.

upvoted 0 times

...

Alfreda

4 months ago

I'm not sure, but it does make sense that businesses would prefer vendors with PO boxes for security reasons.

upvoted 0 times

...

Youlanda

5 months ago

A) True. Businesses are cautious about sending checks to vendors without a physical address. It's a common tactic in shell company schemes.

upvoted 0 times

Jade

4 months ago

B) False

upvoted 0 times

...

Marget

4 months ago

A) True

upvoted 0 times

...

Domingo

5 months ago

I agree with Mona, because businesses might find it suspicious if a vendor only has a street address.

upvoted 0 times

...

Mona

5 months ago

I think the answer is True.

upvoted 0 times

...

Sheron

5 months ago

I think the correct answer is B) False. PO boxes are often used to maintain privacy, not to hide illicit activities.

upvoted 0 times

Nakisha

4 months ago

B) False

upvoted 0 times

...

Carey

4 months ago

I agree, PO boxes are commonly used for privacy reasons and not necessarily for illegal activities.

upvoted 0 times

...

Nicolette

4 months ago

B) False

upvoted 0 times

...

Helaine

4 months ago

B) False

upvoted 0 times

...

Jimmie

4 months ago

I agree, PO boxes are commonly used for privacy reasons.

upvoted 0 times

...

Marica

5 months ago

A) True

upvoted 0 times

...

Karan

5 months ago

A) True

upvoted 0 times

...