ACFE Exam CFE-Investigation Topic 1 Question 61 Discussion

Actual exam question for ACFE's CFE-Investigation exam

Question #: 61
Topic #: 1

Which of the following is NOT true with regard to tracing the disposition of loan proceeds?

ATracing loan proceeds can determine if the proceeds were deposited into hidden accounts.

BTracing loan proceeds can uncover previously hidden assets

CTracing loan proceeds can determine if hidden accounts were used for loan payments

DTracing loan proceeds can identify the presence of internal control weaknesses.

Show Suggested Answer

Suggested Answer: D

by Izetta at Dec 12, 2022, 01:32 PM

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