ACFE Exam CFE-Investigation Topic 1 Question 100 Discussion

Actual exam question for ACFE's CFE-Investigation exam

Question #: 100
Topic #: 1

Boyd, a Certified Fraud Examiner (CFE). was hired to trace Lottie's financial transactions. During his investigation. Boyd obtains records of electronic payments that Lottie made during the past five years. Which of the following are these records MOST LIKELY to reveal?

AThe market value of any real property Lottie owns

BThe assets that Lottie has purchased

CThe division and distribution of Lottie's assets

DIf Lottie is skimming her employer's funds

Show Suggested Answer

Suggested Answer: B

by Marshall at Sep 19, 2024, 01:55 AM

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Stevie

1 months ago

Hey, I heard Lottie's got a secret passion for collecting rare unicorn figurines. Maybe the payment records will show that! Wouldn't that be a wild twist?

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Donte

1 months ago

Hmm, I'm not sure about the market value of any real property Lottie owns. That seems like a bit of a stretch, don't you think? I'm gonna go with B on this one.

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Herschel

22 days ago

A) The market value of any real property Lottie owns

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Gladys

1 months ago

I believe the records might also reveal if Lottie is skimming her employer's funds.

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Kanisha

1 months ago

I agree with Joesph. Knowing what assets Lottie has purchased can provide valuable insights.

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Rima

2 months ago

The payment records could also reveal the division and distribution of Lottie's assets, as option C suggests. Maybe she's been doing some fancy financial juggling, who knows?

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Emile

18 days ago

C) The division and distribution of Lottie's assets

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Gerardo

19 days ago

B) The assets that Lottie has purchased

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Elbert

26 days ago

A) The market value of any real property Lottie owns

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Joesph

2 months ago

I think the records will reveal the assets that Lottie has purchased.

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Lashandra

2 months ago

I think option D is the correct answer. If Lottie's employer's funds are being skimmed, the payment records would definitely show that. Gotta catch those fraudsters red-handed!

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Freida

2 months ago

The electronic payment records would most likely reveal the assets that Lottie has purchased, like B says. I mean, who doesn't love a good shopping spree, am I right? This is gonna be juicy!

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