ACFE Exam CFE Topic 1 Question 59 Discussion

Actual exam question for ACFE's CFE exam

Question #: 59
Topic #: 1

[All CFE Questions]

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

ATrue

BFalse

Show Suggested Answer

Suggested Answer: B

by Kenneth at Jul 13, 2024, 08:06 PM

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Olga

7 months ago

Haha, this question is a real shell game, isn't it? I'm going to go with False - these companies are all about smoke and mirrors, not actual products.

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Asha

6 months ago

True

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Franchesca

6 months ago

I agree, it's all about creating the illusion of business activity.

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Amira

6 months ago

False

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Isidra

7 months ago

Hmm, I'm not so sure. The question doesn't specify the type of goods involved. I'll go with True just to be safe.

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Leanna

6 months ago

I'm going with True as well, better to be cautious with these types of schemes.

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Ryan

6 months ago

True, it's better to be safe than sorry when answering these types of questions.

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Kip

6 months ago

I agree, it's safer to go with True since the question doesn't specify the type of goods.

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Leila

6 months ago

I think it's True because most shell company schemes do involve the purchase of goods.

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Gracie

7 months ago

I'm pretty sure the answer is False. Shell companies usually deal with services, not physical goods.

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Izetta

5 months ago

B) False

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Regenia

5 months ago

I agree, shell companies typically deal with services rather than physical goods.

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Hector

5 months ago

B) False

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Dorinda

6 months ago

A) True

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Maryrose

6 months ago

I agree, shell companies are more commonly associated with providing services rather than physical goods.

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Christa

6 months ago

B) False

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Malinda

6 months ago

B) False

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Irma

6 months ago

A) True

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Jerlene

7 months ago

A) True

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Allene

7 months ago

True. It's easier to disguise money laundering through the purchase of goods.

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Cherry

8 months ago

False. Some shell company schemes also involve the purchase of services.

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Queen

8 months ago

True. Shell companies often use the purchase of goods to move money.

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