ACFE Exam CFE Topic 3 Question 35 Discussion

Actual exam question for ACFE's CFE exam

Question #: 35
Topic #: 3

[All CFE Questions]

Forced reconciliation of the account says:

Ato conceal shrinkage is to alter inventory record so that it matches the physical inventory count.

Bto conceal inventory is to alter shrinkage record so that it matches the physical inventory count.

Cto conceal shrinkage is to change the perpetual inventory record so that it matches the physical inventory count.

Dto conceal write-offs is to change the perpetual inventory record so that it matches the physical inventory count.

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Suggested Answer: A

by Jade at Apr 19, 2023, 05:43 PM

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6 days ago

I think the answer is C.

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